Q. Which one of the subsequent was not a contributing cause of the decline in investment also thus the recessionary expenditure gap occurring during the U.S. recession of 2001?
Q. Collectively, the 1000 residents of green valley value swimming in blue lake at $100,000. a nearby factory pollutes the lake water also would have to pay $50,000 for non-polluting equipment. Describe a coase-such as private solution. Can you think of any reasons why this solution might not work in the real world? Design a private mechanism which works for all possible cases.