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critical thinking human beings are odd creatures we can predict the negative consequences of certain actions and yet we
consider a simple quasi-linear utility function of the form ux y x in ya calculate the income effect for each good
quiz 4-1 use the simple keynesian model developed in class to analyze the economy described by the following
a newspaper article has the headline google says its actually quite small according to the articlegoogle rejects the
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quiz 0-1 suppose you are given two equationsy 100 - 3xy 20 2xfind where these two lines intersect and provide the
william easterly in the white mans burden shares the following account by new york university professor leonard
deer-hunting clubs in southeast virginia impose a fine on anyone harvesting a buck with antlers below a certain size on
suppose that jill and joe are the only two people in the small town of andover andover has land available to build a
homework 5-1 use the keynesian model to answer this set of questions suppose that in the economy we are analyzing that
according to a congressional budget office report the burden of a carbon tax would fall isproportionately on low-income
according to an article in the new york times top economists agree a tax on fuels and the carbon they spew into the
the following graph illustrates the situation in the dry cleaning market assuming that the marginal social cost of the
a few years ago governor deval patrick of massachusetts proposed that criminals would have to pay a safety fee to the
eric finklestein an economist at duke university has argued that the external costs from being obese are larger than
companies that produce toilet paper bleach the paper to make it white some paper plants discharge the bleach into
homework 4-1 consider the aggregate production function for tortuliay 4k12l12where y is real gdp k is units of capital
a newspaper article has the headline should we tax people for being annoyinga do annoying people cause a negative
many antibiotics that once were effective in eliminating infections no longer are because bacteria have evolved to
the federal governments nutrition guidelines urge adults to eat at least five cups of fruits and vegetables each day
according to the coase theorem why would a steel plant that creates air pollution agree to curtail production and
in the first years following the passage of the clean air act in 1970 air pollution declined sharply and there were
in discussing the reduction of air pollution in the developing world richard fuller of the blacksmith institute an