03/18/21

Deadweight loss

Define dead weight loss of a tax. How do the elasticities of supply and demand affect the deadweight loss of a tax?

Ap Macro Question Pls Help!

Identify the type of unemployment that would be present if each of the following individuals was actively looking for work. Explain. Caroline lost her job when the mortgage company she worked for... more

03/10/21

Trade and Tariffs

When the United States puts tariffs on imports, who do you think ultimately pays for these tariffs? Is it the foreign companies selling here, American consumers or both? Please explain.Is it good... more

02/10/21

For each of the following scenarios, classify the type of spending (C,I,G,Xn), describe its impact on gross domestic product (increase, decrease, not impacted), and explain your answer.

A new airplane purchased by United Parcel Service The tuition you pay during your first year of college The social security check your grandmother receives A new purchase of 50,000 shares of... more

11/20/14

Microeconomics Written Problem?

Please help! I need to understand thisThe market for peanut butter in Nutville is monopolistically competitive and in long-run equilibrium. One day, consumer advocate Skippy Jif discovers that all... more

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