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1. In practice, the m.p.c. out of current income is very high-is this necessarily inconsis- tent with the forward-looking model?
2. What would be the impact on savings if the government introduced an unemployment insurance scheme?
3. In the two-period model the consumer aimed to die with zero assets. What would be the planning horizon of parents who wished their children to enjoy the same standard of living they experienced? What is the planning horizon if every generation feels this way?
some years ago conservation groups paid cattlemen in the western united states to move their herds away from wild
Workers are compensated by firms with “benefits” in addition to wages and salaries. The most prominent benefit offered by many firms is health insurance
for this assignment you are to continue using the same fortune 500 company you selected in unit 4. the focus here is on
Suppose all the competitve firms collude to form one single monopoly firm. (Collusion changes neither the demand nor the cost conditions in the industry.) Discuss the economic effects of the change in market structure.
questionnbsp part a the table shows the demand and supply schedules for low-cost housing.rent per
Suppose the price of widgets rises from $5 to $7 and consumption of widgets falls from 25 widgets a month to 15 widgets. Calculate your price elasticity of demand of widgets.
1. which of the following is an example of a two-part tariff? a. a regulated firm uses marginal cost pricing for some
Under what conditions will a country experience constant or increasing cost? Why is that the pre-trade production points have a bearing on a comparative cost under conditions of constant costs?
illustrate and explain the net welfare loss from imposing such a quota. Under what circumstances would the net welfare loss from an import quota exceed the net welfare loss from an equivalent tariff
Calculate the profit maximizing price and quantity of subscriptions for the U.K. and indicate each on the appropriate graph. Do the same for the U.S.
If Starbucks raises its price by 7 percent and McDonald’s experiences a 0.3 percent increase in demand for its coffee.
Define and explain investment decisions in the Capital Market with respect to expected returns, discounted cash flow, and classical utility theory. Give specific examples.
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