Limitations of the national income
What are some of the limitations of the national income accounts in how they represent our standard of living?
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China and Japan do a lot of international trade with each other. If both countries begin in general equilibrium and then the Peoples' Bank of China (the central bank) engages in an autonomous monetary policy tightening:
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a decision was made to change to the straight-line method of depreciation for this equipment. what the depreciation expense for 2011 would be ?
The market demand curve for a perfectly competitive market is given by p=440-10Q. the market supply curve is given p=4Q+20. calculate the equilibrium price and quantity in the market.
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Dumping pollutants creates an opportunity cost for the polluter; What is the significance of this opportunity cost to the search for better technology to reduce pollution?
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