Ecn 441 - Study guides, Class notes & Summaries

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ECN 441- Exam 2 Latest Update
  • ECN 441- Exam 2 Latest Update

  • Exam (elaborations) • 9 pages • 2023
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ECN 441- Midterm Exam 2023
  • ECN 441- Midterm Exam 2023

  • Exam (elaborations) • 5 pages • 2023
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ECN 441- Exam 2 Book definitions Rated A+
  • ECN 441- Exam 2 Book definitions Rated A+

  • Exam (elaborations) • 8 pages • 2023
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  • optimal fiscal federalism - The question of which activities should take place at which level of government. intergovernmental grants - Payments from one level of government to another. fiscal equalization - Policies by which the national government distributes grants to subnational governments in an effort to equalize differences in wealth. solves the problems of preference revelation and aggregation - Tiebout Formal Model lump-sum tax - A fixed taxation amount indepe...
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ECN 441 WITH TEST QUESTIONS AND ANSWERS
  • ECN 441 WITH TEST QUESTIONS AND ANSWERS

  • Exam (elaborations) • 4 pages • 2023
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ECN 441 STUDYGUIDE 2023
  • ECN 441 STUDYGUIDE 2023

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ECN 441- Midterm Exam Questions and Answers Graded A+
  • ECN 441- Midterm Exam Questions and Answers Graded A+

  • Exam (elaborations) • 4 pages • 2023
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  • 3 assumption of the backyard production model - 1. constant returns to scale in exchange 2. no comparative advantage 3. constant returns to scale in production no cities, not better of clustering 3 assumptions of trading city - 1. increasing returns to scale in exchange 2. comparative advantage in cities 3. constant returns to scale in production cities will trade 3 assumptions of factory cities - 1. constant returns to scale in exchange 2. no comparative advantage ...
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ECN 441 Test Questions and Correct Solutions Rated A+
  • ECN 441 Test Questions and Correct Solutions Rated A+

  • Exam (elaborations) • 3 pages • 2023
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  • market - is a group of buyers and sellers of a particular good o r service competitive market - is a market in which there are many sellers andbuyers so that each has a negligible impact on the market price: sellersand buyers are price takers. Monopoly - is a market in which there is only one seller and the sellercontrols the price Oligopoly - is a market in which there are just few sellers and thesellers not always compete aggressively. monopolistic competitive - mark...
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ECN441 EXAM 2023
  • ECN441 EXAM 2023

  • Exam (elaborations) • 17 pages • 2023
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