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If the government issues 10 million tradable pollution permits to each? utility, what will be the cost of eliminating half of the pollution to? society? Using a cap-and-trade LOADING... system of tradable emission allowances will eliminate half of the sulfur dioxide pollution at a cost of ?$ 6,5006,500 million per year. If the permits are not? tradable, what will be the cost of eliminating half of the? pollution? If permits cannot be? traded, then the cost of the pollution reduction will be ?$ nothing million per year.
If salary and prices are completely flexible, then an unfavorable productivity shock would raise both the natural rate of unemployment and the actual unemployment rate.
q.in 1950s mahjong was illegal in taiwan. given the enjoyment of playing such a fun game this is surely inefficient.
From 1983 to 1987, a period of rapid economic growth in the U.S., total savings by contributors to IRAs increased by approximately the amount of their IRA contributions. Does this show that virtually all of their IRA savings were “new” savings—money ..
Which of the following Fed actions will increase bank lending?
Describe the major elements of the Efficient Markets Hypothesis (EMH) theory that create dissention between the worlds of finance and academia in terms of its usefulness. Select a real-world scenario and explain how EMH is either 1) currently used, o..
Using the results obtained in part (b) and part (c), derive the monopolist's short-run profit-maximizing level of output.(e) Determine the price charged by the profit-maximizing monopolist and the amount of profit earned.
q1. in 2003 a seat on the chicago board of trade cbot sold for only 338000 compared to 2.0 million for on the new york
How does Microsoft's incentive to engage in second-degree price discrimination in the market for applications affect its incentives to raise the price of Windows?
A unique aspect of a market economy is that consumers and firms change their behavior largely in response to:
Nominal GDP is the variable most commonly used to measure short-run economic fluctuations. These fluctuations can be predicted with some accuracy. Real GDP is the variable most commonly used to measure short-run economic fluctuations. It is almost im..
Research a Fortune 500 company. Examine the company's social responsibility policies. How does the company demonstrate its duty?
State and Local Governments in this country use sales taxes as means of generating revenue. In other countries, a value added tax (VAT) is used to generate Government revenue. Please explain the difference. In your opinion, which tax system is most e..
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