Econ 344 Public Finance Spring 2005 Midterm Exam 2 Name_
The duration of the exam is 1 hour 20 minutes. The exam consists of 8 problems and it is worth 100 points. The extra credit problem will only be counted if you lose points on other problems. Please
Econ 344 Public Finance Dzmitry Asinski Homework Assignment 5 solution.
Spring 2005
1. (6 points) Wayne is maximizing his utility by choosing how many hours to work a week. His preferences for leisure (L) and consumption of all other goods (C) are given b
Econ 344 Public Finance Dzmitry Asinski Homework Assignment 2 Solution.
Spring 2005
1. (1 point) Name two properties that a good must satisfy to be classified as public good. Also give at least two examples of public goods and a few examples of goods that
Econ 344 Public Finance Dzmitry Asinski Homework Assignment 7 solution.
Spring 2005
1. (1 point) (problem 3 on page 214) In 1990, the ratio of people age 65 or older to people ages 20 to 64 in the United Kingdom was 26.7 percent. In the year 2050, this ra
Econ 344 Public Finance Dzmitry Asinski Homework Assignment 8 solution.
Spring 2005
1. (5 points) Consider a monopolist who has a total cost curve of C=5Q+0.5Q2 (the corresponding marginal cost function is given by MC=5+Q, and the average cost function is
Econ 344 Public Finance Dzmitry Asinski Homework Assignment 9 solution.
Spring 2005
1. (3 points) Ashley divides her working time between home production and market production. The Value of marginal Product (=productivity in dollar terms) of market produc
Econ 344 Public Finance Dzmitry Asinski Homework Assignment 4 solution.
Spring 2005
1. (2 points) Consider the following net benefits (measured in billions of dollars) that will result from the passage of two legislative bills, X and Y: Voter Issue X Issu
Econ 344 Public Finance Dzmitry Asinski Homework Assignment 10 solution.
Spring 2005
1. (1 point) Assume that the demand equation is given by P= 99 3Q. If the original price of the good was $9 and a $2 tax was imposed, how much marginal excess burden will
Econ 344 Public Finance Spring 2005 Midterm Exam 2 Name_
The duration of the exam is 1 hour 20 minutes. The exam consists of 8 problems and it is worth 100 points. The extra credit problem will only be counted if you lose points on other problems. Please
Econ 344 Public Finance Spring 2005 Midterm Exam 1 Name_
The duration of the exam is 1 hour 20 minutes. The exam consists of 7 problems and it is worth 100 points. The extra credit problem will only be counted if you lose points on other problems. Please
Econ 344 Public Finance
Spring 2005
Final Exam
Name_
The duration of the exam is 1 hour 20 minutes.
The exam consists of 6 problems and it is worth 100 points. The extra credit
problem will only be counted if you lose points on other problems.
Please writ
Econ 344 Public Finance Spring 2005 Midterm Exam 1 Name_
The duration of the exam is 1 hour 20 minutes. The exam consists of 7 problems and it is worth 100 points. The extra credit problem will only be counted if you lose points on other problems. Please
Econ 344 Public Finance Dzmitry Asinski Homework Assignment 3 solution.
Spring 2005
1. (4 points) Consider a group of college roommates considering throwing a party. The marginal benefit to hosts and guests is given by MB=100- Q. (You can think of Q as me
Econ 344 Public Finance Dzmitry Asinski Homework Assignment 6 solution.
Spring 2005
1. (2 points) In class we discussed two possible explanations of the fact that college graduates make substantially more than people with just high-school education human