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Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope. These are called externalities. As a policy maker concerned with correcting the effects of gases and particulates emitted by and local power plant, answer the following questions:
Elucidate however, are not sure of their own internal auditors at this point also the dual system in place.
Illustrate what does the difference in the relative black-white wage ratios across regions indicate that Southern employers discriminated more than Northern employers.
explain why a rise in the price of gasoline is likely to have more of an effect on consumers than a rise in the price of strawberry milk shakes.
Which of the subsequent is a Keynesian conclusion about how adjustments occur in a recessionary gap?
illustrate what happen to public saving, national saving and private saving.
Fully evaluate these regression results, including computation of t-statistics, adjusted R2, and the F-statistic.
Draw the Edgeworth box of this situation and draw the contract curve. What dowe know about the proportion of peanut butter to jam held by Adam in any equilibrium?
What is approximately maximum amount rm is willing to pay to be allowed to use e more units of input x, for e small.
Elucidate what is the implication of the efficiency wage theory for unemployment. In what way are piece rates, commissions, royalties, profit sharing, and stock options substitutes for efficiency wages.
If the farmer rented her land from a landowner, would she have the same incentives to control soil erosion. Illustrate would the landowner have an incentive to control erosion.
What are some of the top reasons of consumers reporting lower life satisfaction, even though their purchasing power has recently increased?
If the George Firm is minimizing costs, its RTS is 1.5, and it pays its workers $30 per hour, how much must it pay for each hour it uses its capital?
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