In the absence of app-based services, what roles do coordination
failures play in causing failure in unregulated ride hailing
services? How can ride-hailing apps mitigate such contracting
problems?
When technology spillover occurs,
Select one:
a. it is the government's responsibility to own firms that are
engaged in high-tech research.
b. a firm's research yields technological knowledge that can
then be used by society as a whole.
c. those firms engaged in technology research should be taxed by
the government.
d. firms invest in the latest production technology and the cost
of that technology "spills over" to the prices consumers must pay
for the product.
Provide a real-world example of a coordination failure
leading to an inferior outcome in development. Please answer in
more than 100 words and should be described briefly
Why failure of (commercial) banks and many other financial
intermediaries (such as investment banks) can lead to a recession,
such as the one observed after 2008 financial crisis? (Hint: your
answer should relate to role of financial intermediaries and
asymmetric information).
The o-ring model stresses that coordination failure are the
causes of poor performance of developing countries. then, we expect
that it is a social optimal to edecute everybody even in developing
countries. but this doesn't happen in developing countries,
why?
A. Explain why a balanced budget amendment could lead to
increased economic instability.
B. Explain why a change in government spending has a
larger effect on GDP than an equal cut in taxes.
C. Explain why GDP is not a measure of social
welfare