Many Government programs both redistribute income and correct a market failure. What are the market failures associated with each of these programs, and how else might they be addressed if there were no distributional objectives? a) Student loan programs b) Free education c) public support for universities d) Social Security e) Support for establishment of Zambia Management Environmental Agency

Q: 2. According to an old myth, native Americans sold the island of Manhattan about 400 years ago for…

A: Part 2: Explanation:Step 1: Calculate the future value of $24 after 400 years with a 10% annual…

Q: None

A: The following is a step-by-step explanation of the response to the aforementioned query.…

Q: Identify the new equilibrium after the shift and describe the shift.

A: New Demand curve(D1) intersects Supply curve(S) at a point where price is $2.75 and quantity…

Q: Refer to the demand curve in the figure above. Assume the monopolist equilibrium price is $6 per…

A: Approach to solving the question: Let's dissect this question to get the answer:The price of…

Q: pamela sells 10 bottles of olive oil per week at $5 per bottle. she can sell 11 bottle per week if…

A: The output effect refers to the change in revenue resulting from the change in quantity sold when…

Q: Buying and selling prices for risky investments obviously are related to certain equivalents. This…

A: Detailed explanation: The amounts you'd be willing to accept when selling the investment (2.1) and…

Q: National Defence: it is nonexcludable, nonrival, neither, or both and briefly explain your answer.…

A: The national defense is unrivaled and nonexcludable.Nonexcludable: Since it is impossible to deny…

Q: Suppose the Zambian legislature passes a law requiring that 1 billion Kwacha a year be raised via…

A: Step 1: Step 2: Step 3: Step 4:

Q: The manager of a Glidden Paint manufacturing plant is aware that MACRS and DDB are both accelerated…

A: When comparing the Modified Accelerated Cost Recovery System (MACRS) and the Double Declining…

Q: - The following table shows Farmer Parker's revenue, cost, and profit from wheat farming:…

A: Concept: Fixed cost of production is that part or component of the total cost that does not move…

Q: None

A: The classical model for a closed economy suggests that contractionary fiscal policy will lead to a…

Q: None

A: Detailed explanation:This scenario analyzes a monopoly selling music CDs in a situation where…

Q: Before 1972, futures trading was dominated by agricultural commodities.  The spectacular growth of…

A: Step 1: Standardized contracts known as financial futures are exchanged on exchanges and bind either…

Q: Solve all questions compulsory.....

A: The economic freedom quartile categorizes economies from most free to least free. In this case, the…

Q: A nation's average annual real GDP growth rate is 7 percent. Based on the rule of 72, the…

A: Given, GDP growth rate = 7 percent The rule of 72 : This is a calculation that estimates the number…

Q: Complete the payoff matrix to show how this scenario would end up as a prisoner's dilemma for…

A: Step 1: A situation known as a "prisoner's dilemma" occurs when two selfish players finally choose a…

Q: ! Required information A project has a first cost of $820000, a salvage value of 20.00% of the first…

A: First, we need to calculate the salvage value. The project has a first cost of $820,000, and after 3…

Q: The table below shows employment and population data for the nation of Westland.  Working-age…

A: Size of the Labor ForceThe participation rate indicates the percentage of the working-age population…

Q: The following table shows data on consumption, Investments, exports, imports, and government…

A: The expenditure approach is one of the methods used to calculate Gross Domestic Product (GDP), which…

Q: You decide to invest in a portfolio consisting of 21 percent Stock X, 48 percent Stock Y, and the…

A: To calculate the standard deviation of the portfolio, we'll need the standard deviations of each…

Q: A foreign firm sells smartphones to a home country. The demand for smartphones in the home country…

A: A) To find the equilibrium price and quantity of smartphones sold in the foreign market, we need to…

Q: If nominal GDP is 2000 and the money supply is 360, then velocity is [a] (round to two decimal…

A: This problem can be solved using the quantity equation derived from the quantity theory of money.…

Q: please answer in text form and in proper format answer with must explanation , calculation for each…

A: The average total cost (ATC) of a natural monopoly is decreasing with increase in output. In the…

Q: please answer in text form and in proper format answer with must explanation , calculation for each…

A: Ans. ) Given the question, the task is to find capital and financial account balance...Given the…

Q: Beauty of an expert you are Hand written solution is not allowed

A: Productive efficient occurs when the firm is producing at the minimum of the average total cost.this…

Q: solve 3 blanks

A: Given, the firms collude. Hence, the firms will face the market demand curve. So their marginal…

Q: Problème 02 Une calculatrice en ligne ou une application offre un accès instantané aux outils…

A: 1. Analyze the ProblemUnderstanding the RequirementsFor this calculator, the requirements specify…

Q: Consider the following data regarding students' college GPAs and high school GPAs. The estimated…

A: Step 1: Compute the estimated college GPA for each level of high school GPA using the regression…

Q: The graph to the right shows the distribution of outcomes for two investment opportunities;…

A: First, let's decide which opportunity has the lowest risk. In opportunity distributions, chance is…

Q: please answer in text form and in proper format answer with must explanation , calculation for each…

A: Approach to solving the question: So, the inflation rate from 2013 to 2014 based on the Consumer…

Q: the price of a dozen eggs falls from $2.50 to $1.50. in response to this price change the quantity…

A: Price Elasticity of Demand: Price elasticity of demand (PED) is a measure of how responsive the…

Q: 5. Suppose a company has a monopoly on a game called Monopoly and faces a demand curve given by QT =…

A: Given:Demand: Qt = 100 - PMR = 100 - 2QtQt = q1 + q2MC1 = q1 -5MC2 = 0.5q2 - 5  Remember that a…

Q: Suppose lower interest rates suddenly lead to an injection of $325 additional investment spending…

A: Explanation for the Multiple Choice QuestionThe question asks for the change in spending and income…

Q: Give exact answer step by step and take a like

A: We know that,Nominal interest rate (in​) = 28%Expected increase in the real exchange rate =…

Q: An important part of the consumer's choice to purchase a brand is the consumer's view of their own…

A: Option (C) is correct - Ethics An important part of the consumer's choice to purchase a brand is the…

Q: 10.14 For a young, growing company that has a required ROR of a real 25% per year, what is the…

A: To calculate the inflation-adjusted ROR, use the following formula:Inflation-adjusted ROR = [(1 +…

Q: Considering the level of the US minimum wage is should be the minimum wage in the US is Positive;…

A: Positive economics deals with objective analysis of economic phenomena, focusing on describing how…

Q: 4. Is monopolistic competition efficient? Suppose that a company operates in the monopolistically…

A: Step 1:Let us understand the terms used in the graph to answer the questions efficiently…

Q: The figure above shows a market that is originally at equilibrium at Point A, the intersection…

A: The objective of the question is to identify the changes in demand and supply that would result in…

Q: am. 113.

A: The correct answer is (C).The graph shows the relationship between the price level and the output…

Q: please answer in text form and in proper format answer with must explanation , calculation for each…

A: a. To solve for the monopoly quantity, we need to find the quantity that maximizes the monopoly's…

Q: None

A: To close a recessionary gap, the central bank aims to stimulate the economy by reducing interest…

Q: Only type writing allow....don't  use pepar work .....

A: In the figure provided, the production possibilities frontiers (PPFs) for Countries A and B are…

Q: Price level LRAS D A B ய AS AD, AD₂ AD₁ Real GDP Suppose the economy is currently experiencing an…

A: Please comment down for any doubt. I hope my answer helps you.

Q: Question 13 0/1.5 points Consider the two-period model. Consumer's have preferences over current and…

A: The slope of the budget constraint in the two-period model is given by -(1 + r), where r is the…

Q: Suppose that owning the building for a year would earn you $8,000. To decide whether you will be…

A: To begin, let's take into consideration the scenario in which you are contemplating the purchase of…

Q: The figure above depicts a market that contains a market leader and follower firms. The market…

A: Detailed explanation: MRL= MCL at point E, where quantity = 700. The price is determined by the…

Q: Question Three a) Explain what is meant by equity in taxation from the ideal tax policy design…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Consider an economy that currently has a monetary base of $3 trillion, the required reserve ratio is…

A: Calculation of Money Multiplier for an EconomyGiven:Monetary base = $3 trillionRequired reserve…

Q: 1. Over a period of 10,000 years, the population of Brobdingnag is estimated to have increased from…

A: The correct answer is (c) 0.03%.To solve this problem, we can use the Cobb-Douglas production…