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What challenges are you running into as you persuasive speech ? How is it going overall? Have you worked with PowerPoint before?
Explain the meaning of the "excess burden," also called the "deadweight loss." Do general taxes on sales, income, and produced wealth cause an excess burden? Explain. What is the economic significance and consequence of the excess burden?
Are you for or against free trade? Are you for or against NAFTA? What is the economic basis for trade? Explain the underlying facts that support free trade and give an example of a good that you purchased recently that is based on resource difference..
Private pay patients have a price elasticity of demand of -3. What do you charge them? The union has negotiated a fee of $50. Is it profitable to treat members of the union?
14 million Americans are addicted to drugs and alcohol. The federal government estimates that these addicts cost the economy $300 billion in medical expenses. Your firm has spent $260 million to date in working on a cure. What is the net present valu..
To what degree is the public debt a burden to future generations? Suppose income taxes and unemployment compensation were cut by an equal amount. How would aggregate demand be affected? As late as 1992, we were running budget deficits of nearly $300 ..
When the exchange rate falls by more in the short run than it does in the long run when the money supply increases, it is called.
Consider an economy where population growth is 0, but technology growth is positive and equal to g. Suppose that the depreciation rate decreases. i. Use graphs to illustrate how the steady state and the golden rule change. ii. What is the effect on t..
The pros and cons of promoting the informal sector. How can a country improve its levels of productivity? What role does technology play in productivity?
Comedian Jay leno once took his show to michigan and gave away free tickest so that out-of-work individuals could attend. He later objected when he discovered that someone tried to sell his free ticket on eBay, and eBay subsequently banned the sale o..
Assume the market for bagels is in equilibrium.
One reason for raising interest rates was the prospect of a refinancing issue: a $12 billion issue matures April 1, and the government is expected to seek some new money, in excess of its refinancing needs. Why doesn't the government get the central ..
Using neo-classical model of labor-leisure choice to answer the following questions. How does an increase in wage rate change the optimal consumption-leisure combination chosen by the worker? State income effect and substitution effect.
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