In 2016, a grandfather gave a life estate to his grandson and a remainder interest to his granddaughter. each interest is valued at $13,000. the gift to the granddaughter is:

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?

Suppose that electricity producers create a negative externality equal to $5 per unit. further suppose that the government imposes a $5 per-unit tax on the producers. what is the relationship between the after-tax equilibrium quantity and the socially optimal quantity of electricity to be produced?

One country has a comparative advantage over another country in the production of a good if ithas a curved production possibilities curve and the other country has a linear production possibilities curve.has lower fixed costs than the other country. has a linear production possibilities curve and the other country has a curved production possibilities curve.is a lower opportunity cost producer of the good.