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Find a recent article that covers fiscal policies of your own country or another country. Discuss the following questions: What is the policy issue and what is involved in its implementation?
Whenever the ratio of marginal products to input prices differs across inputs, The marginal products of inputs will adjust as input combinations change to correct for the inefficiency.
What happens to output, Y, and consumption, C? What happens to investment, I? What happens over time to the stock of capital, K?
What are the effects on the price level, P, and the nominal interest rate, i, when a credible announcement that the money growth rate, u, will rise beginning one year in the future?
Do they do more harm than good? Do you feel there is an excessive amount of regulation in our economy in general? Why or why not?
What would happen if instead a policy was instituted that reduced barriers to entry in the hospital sector and therefore made the market more competitive?
Which repair shop is likely to provide costly needless repairs to your car, and why? Which one may underprovide quality? In your answers, discuss the concepts of prospective and retrospective paymen
How can any firm find the right production level which guarantees maximum profit (or minimum loss)? Firms continue to produce up until the quantity at which the revenue.
Using knowledge of price elasticity of demand, what might be the reasoning behind the decsision by midland expressway ltd to run a trial discount period for Heavy Goods Vehicles?
Player chooses the value 2 if both players choose 2 in all previous periods; otherwise, she chooses the value 3. Derive conditions which ensure that this is a subgame perfect nash equilibrium.
Suppose you have the following values for a short-run production process: Q = 20, VC = 100, FC = 600 and MC = 40. Given this, we know that the?
Then construct a grim-trigger strategy that results in those actions being implemented, and derive conditions for that strategy to be a symmetric subgame perfect Nash equilibrium.
Is Bob & Jane's economic profit different from their accounting profit? If so, how much economic profit did they earn during this first year of operation?
Describe the four phases of Lucent Technologies' program management organizational life cycle. The author states that "nearly any organization can evolve through the four phases.
Draw the individual demand curve for arcade games. Use the information given to calculate Joe's elasticity of demand for arcade games between $0.25 and $0.50, and between $0.50 and $0.75.
Consider the general equilibrium model on local public goods. where f '(N) is the marginal product of the last person who immigrates. Briefly explain the intuition behind this equation.
The firm's cost of capital is 12%. Compute the internal rate of return and the net present value. Should the firm accept or reject the project?.
what are some other factors that might influence the economic status of such countries? What measures could be taken to improve these situations?
Prepare a report for the management team of the doctor's group on your proposed $100 expenditure plan reflecting on the key course objectives including the financial.
Explain, both theoretically and in reality, what the drivers of differences in price plans are. For instance, are there different numbers of competitors in different market segments.
Some law makers in the U.S. suggested to put cap on malpractice lawsuit compensation. In your opinion, will a ceiling on malpractice compensation help to reduce the medical costs?
Whether the number of condoms sold in the U.S. is more or less than the optimal number, and (2) how the government might correct the externality.
Will a progressive medical tax scheme (i.e. people with higher income face a higher Medicare tax rate) benefit the U.S. Medicare system?
Suppose Nigeria has 20 million workers and 16 million units of capital, while Botswana has 5 million workers and 3.5 million units of capital. Which of the following statements is true with respect
What are the short-run equilibrium values for Y, r, C, I, private saving, public saving, and national savings. What is the government spending multiplier when G increased by 200? That is, what is delt