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1. https://www.youtube.com/watch?v=BHBXcqGUZdk
In "Cloudy With A Chance Of Meatballs," a teenage scientist named Flint Lockwood invents Flint Lockwood's Diatonic Super Mutating Dynamic Food Replicator (or the FLDSMDFR). The foods created by the FLDSMDFR have properties associated with a public good. Why might the "raining food" generated by Flint Lockwood's Diatonic Super Mutating Dynamic Food Replicator (or the FLDSMDFR) be considered a public good? How do you distinguish between "raining food" and a "Big Mac?"
2. Watch videos, why is understanding Real GDP necessary for measuring Economic Growth? Explain. Be sure to define your terms. Why not Nominal GDP? It seems more tangible to me. What say you?
https://youtu.be/29S7FzI7s7g and https://www.youtube.com/watch?v=HfCEHYukiPw
3. When externalities (costs or benefits of a market activity borne by a third party) are present, what will happen to the market's capacity to produce the right mix of output? You may choose a different path, if you wish. What are other examples of market failure and/or government failure. Please use the definitions from text and course.
https://www.youtube.com/watch?v=ExWfh6sGyso
A change in which of the following variables would have a direct effect on money demand in the current period?
Sarah has $300 to allocate between movie tickets and opera tickets. The price of each opera ticket is $60, and the price of each movie ticket is $6. Her marginal rate of substitution of opera tickets for movie tickets equals 5, regardless of what mar..
This line is aimed at the low end of the market and isn't constructed on a wheel base. Writing instruments. This line includes mechanical pens and pencils which are sold to the middle-market segment between the low-end products such as Bic and h..
Normal 0 false false false EN-US X-NONE X-NONE If compounding is quarter..
Analyze the significant implications of the issues in question for market efficiency of the health care system. provide a rationale for your respons
1. Why do we call economics a scientific discipline? Explain. 2. Why are "scarcity" and "choice" central to economics?
Two hazardous environment facilities are being evaluated, with the projected life of each facility being 10 years. The cash flows for each facility are shown in the table below.The company uses a MARR of 14%. Based on the rate of return, which is t..
Discuss the Federal Reserves use of open-market operations to influence the money supply and the respective consequences of such actions.
problem 1assume that in period 0 we have y200 c180 g0 and mpc0.75. assume in period 1 only g increases by 30. how much
Show through a graph how a tax on a second good can increase welfare? What are the policy implications of this result? How does it apply to capital taxation?
the life insurance industry maintains that the average worker in saskatoon has no more than 25000 of personal life
You purchased a piece of property at $360,000 five years ago. You can sell the property at $450,000. What is the rate of return on real estate investment?
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