Answer to Question 1
The Coase theorem is the idea that when externalities are present, private parties can arrive at the efficient solution without government involvement under certain conditions. These three conditions are: basic rights must be clearly understood, there must be no impediments to bargaining, and only a few people can be involved. Answers will vary about applications of the Coase theorem.
Answer to Question 2
Job Gains Calm Slump Worries
This entry is a macroeconomic topic because the slump concerns a turndown in the overall economy and neither an individual nor a busi-ness makes the decision to slow the aggregate economy.
Washington Post's Profit Falls
This entry is a microeconomic topic because it concerns the profit out-come of one business, the Washington Post.
Overcapacity, Fuel Costs Hit Shipping
This entry is a microeconomic topic. It describes the situation within one sectorshippingwhich is being affected by overcapacity and a rise in the price of fuel.
Green Shoots in Greece?
This entry is a macroeconomic topic because the green shoots mean that growth in different sectors is starting to grow. It is a sign that per-haps the overall Greek economy is starting to grow.
A single crossover inserts F at a specific locus, which then determines the order of gene transfer
Example of a cladogram, or branching order, of the New World monkey Superfamily Ceboidea.
On March 25, 1911, as scores of young factory girls leaped to their deaths from the eighth, ninth, a
How to use the squeeze theorem to find the limit of a function
How to evaluate the second order determinant
Higher-Order Conditioning