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   Related Questions in Public Economics

  • Q : Gains from trade and economic consensus

    While considering current events and matters, economists and the common public seem to disagree relatively the most about: (i) what to do regarding the War in Iraq. (ii) whether Democrats or Republicans must win the next election. (iii) the relative costs and advantag

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  • Q : Illustration of Opportunity Cost How

    How can I solve my economics problems? Please suggest me the accurate answer. Harry Homeowner pays three hundred dollar monthly upon a mortgage within a neighbourhood where matching houses rent for eight hundred dollar per month. T

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  • Q : Determine the initial distribution of

    When goods are traded and several families gain without worsening other families' well-being, so in that case the initial distribution of goods should have been: (w) optimal. (x) distributively inefficient. (y) superior to the new dis

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  • Q : When are relative prices serving as

    The behavior on the given list most consistent along with relative prices serving like a rationing device, and not mainly as incentives, would be as: (i) Marcia, a status-seeking social climber that turning down requests of Wayne for dates after seeing small numbers u

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  • Q : Unregulated market competition in

    Adam Smith’s well-known reference to an “invisible hand” implies that: (w) unregulated market competition improves economic welfare. (x) government must closely regulate monopolies. (y) pure competition is a divinely motivated market

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  • Q : Critical features of Technological

    New services and goods, new forms and types of equipment, and new knowledge regarding how to combine resources productively are all critical features of: (1) entrepreneurial profits. (2) winning the global war against scarcity. (3) net investment with

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  • Q : Entrepreneur in economic profit

    Economic profit is the entrepreneur's: (i) payment to managers for their services. (ii) capital stock minus depreciation. (iii) reward for innovation and bearing risks. (iv) difference between monetary cost and total income. (v) opportunity cost for capital.

  • Q : Problem on Welfare Can someone help me

    Can someone help me in finding out the right answer from the following options. The equal shares criterion of distribution recommends that each and every individual must: (i) Receive income according to necessitate. (ii) Contribute equivalent producti

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  • Q : Determine an example of net investment

    When gross investment is $100 billion whereas $10 billion of capital is worn out, in that case net investment is: (w) $90 billion. (x) $100 billion. (y) $110 billion. (z) not possible to calculate without more information.

    Q : Influencing goods in Economic Growth I

    I have a problem in economics on Economic Growth. Please help me in the following question. Across time, raising the output of military goods devoid of decreasing the output of civilian goods is: (1) Always unfeasible. (2) Impossible in an economy with very high unemp

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