5. Jerry lost her credit card and instead of reporting it right away, she decides to continue looking for it for a couple of days. On the second day, she makes the call and reports the card lost/stoleOctober 5, 2020
$50 External benefit = $10/shot Draw the social value curve. Find the socially optimal Q. What policy would internalize this externality?October 5, 2020
After World War II, the United States experienced a “baby boom” as birthrates rose dramatically between 1946-1964. Lower birthrates after 1965 mean that the now aging baby boom generation is larger than the generations before and after it. What effects will the aging of the baby boom generation have on the economy?
Aging of baby boomers have significant impact on the economy. It has increased therequirement of financing social security and has proved to be the burden on the medical billscovered by Medicare….
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