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what is a balanced budget rule for the federal government?what are the economic consequences of it? (EXPLAIN)Should a candidate for a national office support such a rule?
How does this proposed tax hike affect the social cost of gasoline consumption in the short-run In the long-run d. Do you support this proposed tax hike If yes defend your position If not provide an alternative policy (Answer as an economists, n..
Discuss the relationship between each of the following variables based on the experience of U.S. economy over the past 30 years.
Nowhereistan is a poor country in an island in middle of nowhere. It produces only apples, bananas and oranges. The following are the information for 2009 (base year) and 2010
If the apple grower wants to see 6,000 bees kept, what is the value of the externality? What would have to happen for the socially optimal amount of bees to be kept?
After a nation's (not USA) foreign-capital flows are frozen, a large international supply of USD dollars shows up. What happens to the quantity of USD dollars demanded.
Determine the basic assumption about the velocity of money transforms the equation of exchange into the quantity theory of money?
What are the effects of an appreciating/depreciating exchange rate on the balance of payments? exchange rate on the balance of payments.
Suppose there are 100 firms in a perfectly competitive industry. Each firm has a U shaped long-run average cost curve that reaches a minimum of $10 at an output level of 8 units. Marginal costs are given by MC(q)=q+2 and market demand is given by Q..
Find the Present Value of each of the two following sets of cash flow events and what is the total interest chargeable in each mortgage?
Could you offer your opinion, no citations, from two different perspectives on the internet trends.
Identify also describe three trade restrictions. In your opinion, which method of restricting trade is the most efficient.
If all the assumptions of perfect competition hold, why would firms in such an industry have little incentive to carry out technological change or much research and development. Illustrate what condition would encourage research and development in..
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