Parking meters may yield little or no net revenue
Explain: “Even though parking meters may yield little or no net revenue, because of the rationing function they perform nevertheless be retained”
Expert
Even parking meters that charge, say, 25 cents an hour do perform a useful parking-spot-rationing function: the car owner must either move the car when the hour is up or rush out to feed the meter to avoid getting a ticket. It is not money or ration coupons that ration the parking space but the timing device on the meter in this case.
Explain the Trade pattern of U.S. and World Trade?
Question: Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Writ short note on the Income of personal distribution?
Which of the following are examples of public goods?
By the perspective of nowadays academic standards, Adam Smith must have more evidently acknowledged that several the analyses and insights for that he took credit within his Wealth of Nations had really been gleaned from the writings
The perfectly competitive market structure benefits consumers since: w) firms do not generate goods at the lowest possible price within the long run. x) firms are forced through competitive pressure to be as efficient as possible. y) firms add a much
Illustrate the several determinants of demand besides price which affect demand?
Question: Some developing countries have suffered banking crises in which depositors lost part or all of their deposits (in some countries there is no deposit insurance). This type of crisis decreases depositors' confidence in the banking syst
Relative to most of the other countries, the United States encompasses historically relied more greatly on: (1) Public resource ownership and private income distribution. (2) Decentralized decision making and private resource ownership. (3) Exports of textiles, automo
Illustrate the 2nd function to promote and maintain competition?
18,76,764
1934469 Asked
3,689
Active Tutors
1441929
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!