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Using the Solow model consider the effect on the economy of a reform that eases the immigration procedure leading to an increase in the rate of immigration. Discuss also using graph.
assume the black-scholes framework. consider a 9-month at-the-money european put option on a futures contract. you are
Discuss the tradeoffs a policymaker faces in choosing between larger fines, longer prison sentences, and greater monitoring in deterring crime. Give at least two reasons discussed in class why deterring crime through longer prison sentences may no..
Increase in government spending
Because of the free-rider problem: the market demand for a public good is overstated. the market demand for a public good is nonexistent or understated. government has increasingly yielded to the private sector in producing public goods.
Presume the demand function is Q=100-P, where Q is the quantity demand and P is the price. Please compute the price elasticity at P=10 (by comparing it with a pair of price and quantity at P=20). Compute the change in total revenue which is P times Q..
Which of the following statements about the distribution of physicians among specialties is true in the United States?a) The majority of physicians specialize in general/family practice b)There are twice as many generalists as there are specialists
The demand for a specific brand of toothpaste and the demand for toothpaste in general b. The demand for gasoline in the short run and the demand for gasoline in the long run
consider eleanor a barnard junior who purchases soda s and tennis balls t.a. assume that the following bundles are all
How does a ban on price discrimination affect producer surplus
the market basket for an imaginary consumer is given below as are the prices over the course of three
Consider two metropolitan areas, one that has many small school districts and one that has only a few large school districts. In a paragraph, what are the efficiency and equity effects of introducing a voucher system likely to differ across these two..
1) Explain why it is sometimes said that, in the long run, a monopolistic competitive industry has too many firms producing too many products.
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