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Problem
Suppose we are trying to predict the positions that three candidates will take on who should be eligible for public-housing subsidies (e.g., poor families, the elderly, poor families with children, and so on). Can we use the median-voter theorem to analyze this problem? Explain why or why not, based on which of the assumptions of the median-voter theorem are met by this situation.
Contrast the institutionalist approach to development with the dependency approach. Are there strong similarities, as well as differences?
An economy is faced by exhaustion of an important natural resource at a time when it is introducing improved technology.explain how these events will effect the economy production possibility curve.
Natural Resource Economics 1. Consider the Big Surf Break problem from Quiz 1. Carefully draw a graph (or two) to depict the setting. Plot the number of surfers (N) on the horizontal axis and dollars per surfer on the vertical axis. Your graph(s) sh..
What is fiscal policy? What are the tools of fiscal policy? Discuss the impact of expansionary fiscal policy and specifically the fiscal policies used during the Great Recession of 2008-2009 on operation of business operation
Calculate the exact amount of producer and consumer surplus in the out-of-network ATM market in Santa Monica after the ban. How large is producer surplus?
You can decide to choose a topic of your own and the list below will provide you with examples of the issues you should be looking at but again feel free to consider other issues that you may particularly feel interested in and think can relate to..
applied technology inc. ati produces bicycle frames using two fiberglass materials that improve the strength to weight
How does an increase in disposable income affect the consumption function? How does an increase in expected future income affect the consumption function?
Identify two elastic and two inelastic goods that you have purchased in the last month and explain the main reason why you identified them as such.
Suppose a diagram has two PPF curves. Relative to the origin, Curve A is above Curve B. Which curve represents the greater level of potential output
What strategies and tactics will you employ? What economic model are you going to use? How will you evaluate your research? What does a search of the literature on the topic say about your topic?
Microeconomics Problem: Price Gouging After Disasters
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