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In your opinion should our government impose price floors and/or price ceilings in our economy? 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?
Microeconomics, Economics
Question: 1) Identify one or two most important weaknesses/ problems in mental health policy and service delivery for children and adolescents today. 2) Identify recommendations to address these weaknesses/problems. What ...
Question: Chapter 8 explained that thousands of new grocery products are developed every year. Often the grocer will give the developer of a new product the chance to sell it through the grocer's stores, but only if the ...
Question: A firm is currently producing 30 units of output. At this level of output produced: Its average total cost is 110 (ATC =110) The market price per unit of output is 125 MR= 30 MC = 50 A) Is this firm making prof ...
Question: What feature(s) of Medicare would cause an economist to say that "Medicare stinks as insurance"? Medicare supplement insurance is available from the commercial market and most commonly covers ‘up-front' deducti ...
Question: What is meant by absolute poverty? What measures of income poverty are favored by development economists? How do income poverty measures differ from the UNDP's Multidimensional poverty index? Why should we be c ...
Question: Write a short essay of about 750 words each on the following topics: 1. What are the common defenses of protectionism? Evaluate them. 2. Explain Coase Theorem and show how it works with examples. 3. How does Ma ...
Question: Suppose coffee (F) and cream (C) are perfect, two-for-one complements and Jack spends his budget of $12 per day on these two goods. That is, assume that Jack likes one ounce of cream for every two ounces of cof ...
Question: Suppose that there are two industries, one producing X and the other producing Y, which each use both capital K and labor L in the production process. The marginal rate of technical substitution in the Y indust ...
Question: Assume that X is produced in a perfectly competitive industry where firms that currently operate and potential competitors both have identical cost curves. Current output is 1 million units a year. What happens ...
Question: What is the Lucas critique? What are rational expectations and how do they relate to the Lucas critique? What does it suggest might be a problem with activist and discretionary policy? The response must be type ...
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As