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Present a description on the relevant economic model to show how a tax on producers, that is equal to the external cost of smoking cigarettes, would result in an efficient equilibrium?
Microeconomics, Economics
Question: Why is an understanding of development crucial to policy formulation in developing nations? Do you think it is possible for a nation to agree on a rough definition of developmentand orient its strategies accord ...
Question: A largely studied portion of The Republic deals with Plato's cave allegory. The story goes something like this: You, as a person, find yourself within a cave, chained to the ground, facing a stone wall. You can ...
Question: Draw the representative firm/market graph of a perfectly competitive market in long-run equilibrium. Be sure to include and label all necessary curves. (a) Suppose the market demand curve shifts outwards, descr ...
Question: Also during the 1990s, the ratio of capital spending to GDP rose, while the personal saving rate declined almost to zero. The profit ratio did not rise very much; hence almost the entire increase in saving came ...
Question: The discussion answer(s) must be a minimum of 125 words of substance with any references cited in APA format. No copying and pasting of work previously done for someone else. This week we are looking at industr ...
Question: To what sorts of customers would an insurance company offer a policy with a high copay? What about a high premium with a lower copay? The response must be typed, single spaced, must be in times new roman font ( ...
Question: Please use the American Psychological Association style writing format for referencing your sources. Reference Librarians at each campus of the college can also help you with this. Recommended website: Purdue U ...
Question: Think about the business cycle: during a recession, unemployment increases; it decreases in an expansionary phase. Explain what happens to TANF, SNAP, and Medicaid programs at each phase of the business cycle ( ...
Question: Project Description (Term Paper): Select a news article(s) that discuss the economic concept that you chose as a topic for your term paper. Usually it is enough to choose just one article, however if you can fi ...
Question: Please answer both part.(100-120 word): a) Discuss the impact of floating exchange rates on the profitability of foreign operations by US companies. b) President Trump has threatened to impose 25+% new tariffs ...
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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
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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