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What would be the various consequences of this tax on both consumption as well as production? In your response, provide examples and analysis to justify your conclusions.
Effectively, this would reduce auto manufacturer's costs of using capital and high-tech equipment in their production processes. What is the likely impact of this statue on the number of workers this
Those who trade stocks based on inside information usually earn very high rates of return. Does this fact violate the efficient markets hypothesis?
Propose two to three strategies for connecting performance indicators to the budget. Provide examples to support your response.
The last doctor hired treated 1,600 extra patients in a year, while the last nurse hired treated 1,000 extra patients in a year. If doctors make $40,000 a year, what do nurses make?
Discuss which single factor has the biggest influence on the economy. Explain your rationale. Discuss the likely economic impact if every market in the U.S. was unionized.
Plot the PPC, and then determine which nation has the comparative advantage in which activity. Show whether the two nations can gain from specialization and trade.
They could each decide to work a few extra hours on Saturday and earn more income. But they choose to play tennis or to relax around the house. Are their opportunity costs of playing tennis differen
This will cause the average price of wine to increase to $12 and generate approximately $20 million in government revenue.
If no price controls had been in place, the effect of the oil embargo on the equilibrium price and quantity of gasoline would have been?
Using the equation in the text, what will be the growth rate of per capita income? In such a situation, under what circumstances might per capita income growth be increased?
Would the combined measures be likely to have any effect on the person's consumption of cigarettes? Why or why not?
Discuss the implications for classical trade optimism (the argument that free trade is always "a good thing") and for trade policy and practice.
Graph both the actual data and the forecast using the graphing tool. Does the forecast vary much from the actual data?
Draw a demand and supply graph illustrating these developments in the market for full-size pickup trucks. Be sure to indicate changes in the equilibrium price and quantity.
Discuss the cyclical behavior of aggregate investment and compare it with the volatility of aggregate consumption. Next, describe the different components of aggregate investment.
In this economy, compute private saving, public saving, and national saving. Find the new equilibrium interest rate.
Examine the impact of persistent budget deficits on the trade deficit and analyze the options available to policy makers when national savings presents opportunities to improve the trade deficit.
Explain why or why not each of these models would explain trade flows between the US and Canada: ricardo and 2-hecksher ohlin.
As the expected future spot rate moves closer to the spot rate, uncovered interest parity indicates that: interest rates should remain constant.
What is the probability a small car was involved? Assume that the likelihood of getting into an accident is independent of car size.
If the current annual interest rate is 10%, how much money do you need to have today to ensure that you will have $2,000 one year from today?
Draw a circular -flow diagram. Identify the parts of the model that correspond to the flow of goods and services and the flow of ringgit for each of the following activities.
How should we deal with these disturbing abuses of the patent system? Should the government buy back patents as your textbook discusses, or should it not issue them in the first place?
How many pumpkins should Steven have available for sale? Based on your answer to (a), what is the probability that Steven will be short five or more pumpkins?