This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the Coase theorem. What will be an ideal response?[br][br][b][color=#7BCCB5]Question ... (Read 28 times)

mynx

  • Hero Member
  • *****
  • Posts: 555
on: Jun 29, 2018
What is the Coase theorem.
 
  What will be an ideal response?

Question 2

The short-run Phillips curve is vertical at the natural unemployment rate. Is the previous statement correct or incorrect?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mammy1697

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 29, 2018
Answer to Question 1

The Coase theorem is a theorem which asserts that under certain conditions, the property rights to an activity will be acquired by the party that values it most.

Answer to Question 2

The statement is incorrect. The long-run Phillips curve is vertical at the natural unemployment rate but the short-run Phillips curve is downward sloping.


mynx

  • Member
  • Posts: 555
Reply 2 on: Jun 29, 2018
Wow, this really help

parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

How to plot a cosine function containing an amplitude and phase-shift (Question 1 of 2) How to plot a cosine function containing an amplitude and phase-shift (Question 1 of 2)
Question About VSEPR Shape Question About VSEPR Shape
Just a fun question! Just a fun question!
economic question economic question
Incomplete dominance shown in the flower color of snapdragons Incomplete dominance shown in the flower color of snapdragons
A three-gene additive model for wheat kernel color A three-gene additive model for wheat kernel color
Video: Properties of macromolecules (Explained with No Audio)

For a complete list of videos, visit our video library