Discuss how would adam smith respond to the modern-day
Discuss how would Adam smith respond to the modern-day claims that unequal distribution of the wealth leads to social unrest?
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Discuss why do you think that approximately one-sixth of the world's population has not experienced much substantive economic growth over the past 30 years?
The cost of building a new high speed railway system is reported to be high at the 25 billion. Does it necessarily follow that the high speed railway is not worth building?
Consider a box with length L, width W, and the height H. Assume you have to construct a box with the following constraint: W+L+H equal or less than 30.
Discuss why do you think that whenever the government wants to increase their revenue they usually decide to increase the tax on items such as gas, tobacco products and/or alcohol?
Estimate how these recommendations can best be implemented within the highly political environment that exists with this issue (including factors such as the implementation itself, communication, education, support, etc.).
What mix of monetary and fiscal policy is required to increase income by $6000 without changing the interest rate if "the" multiplier is 4 and the income multiplier with respect to the money supply is 3?
Two alternative investment proposals are under consideration for a vacant owner by Urban Development Corporation.
Suppose that a unit tax t = 15 is imposed in this market. Calculate the new equilibrium price and the quantity, as well as CS, PS, tax revenue and the deadweight loss due to the taxation.
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