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A 20-cent gasoline tax in introduced,coupled with $160 annual tax rebate per household. will the household be better or worse off under the new program.
Calculate the cost of actaurially fair insurance in this situation and draw a utility income graph to show that the individual will prefere fair insurance against this loss to accepting the gumble i
Explain the difference between Discretionary Fiscal Policy and Automatic Fiscal policy (built-in stabilizers). Provide an example of each.
Discuss the problems of measuring productivity in actual work situations. How might productivity be measured for each of the following industries?
Derive the expression for marginal revenue and use it to find the output level at which revenue is maximized. Confirm that this is greater than the firm's profit-maximizing output and explain why.
Explain which of the policies is most effective and least effective for this country ? Provide a rationale with your answer. This posting cannot have citings and has to be in your own words..can this
Use your graph to assist in explaining the likely unintended effects of such a price control. Be sure that your graph is completely and correctly labeled.
The insurance company is taking in order to provide coverage on the individual. Do you think you can apply this to big business in the US?
In a perfectly competitive industry, the industry demand curve is horizontal, whereas for a monopoly it is downward-sloping.
How large is the money supply? B. How much excess reserves are there? c. What is the money multiplier? d. What is the available lending capacity?
New equilibrium price and quantity and show them on your graph. Compute how this policy affects consumer surplus, and the cost of pollution. Would you recommend this policy?Why?
Households deposit $15,000 in currency into the bank and that currency is added to reserves. What level of excess reserves does the bank now have?
The game is named for the fact that person 2 is unable to "punish" person 1 for making a low offer. Find the subgame perfect equilibria of each game.
But he is happier when their consumption is more equal. Draw Gary's indifference curves. What would they look like if he loved one child more than the other?
Decide whether each of the following events is likely to generate a positive externality, negative externality, or no externality at all. Explain.
House values, and the real interest rate falls by 2 percentage points, in what direction and by how much will the aggregate demand curve initially shift at each price level? In what direction and by h
What does it mean when asked; What are some considerations to remember given the different roles and people in the audience?
Part time workers looking for full time jobs ,10. What is the size of the labor force? what is the official unemployment rate?
Assume that the following asset values (in millions of dollars) exist in Ironmania: Small-denominated (less than $100,000) time deposits 100. What is M2 in Ironmania? $ million.
A year on savings account balances; and Roma sold $50,000 of cartoons. Normal profit is $3,000 a year. At the end of 2003, Roma was offered $4,000 for her computer. For 2003, calculate Roma's.
What does it mean to make a significant and original contribution to this field? What disciplines does this paper draw on? What is the worldview and how does it play itself out in the project?
What value from the printout measures the observed level of significance for the variable "gated security", in the regression model?
If the Fed sells $5 million dollars of government bonds, what is the effect on the economy's reserves and money supply?
Suppose instead that the marginal mining cost increases with the amount mined. What is now the effect on gold consumption and mining of an increased use of gold as money?
How would you go about identifying the potential costs of the policy initiative, the Economic Costs (explicit and implicit), the social costs, which estimation method would work best for estimating