1) Two environmental policy analysts (Tom and Daniel) are engaged in a heated discussion about the effectiveness of centralized and incentive-based pollution-reduction regulations. Tom argues that polluting firms incur less cost under "Emission charges/taxes" compared to
"Standards". Tom argued further that "Standards" encourage more technological innovation in reducing pollution compared to "Emission
charges".
Is Tom's argument correct? Briefly justify or refute it using logical explanations.

Amanda rice has just arranged to purchase a $640,000 vacation home in the bahamas with a 20 percent down payment. the mortgage has a 7 percent apr compounded monthly and calls for equal monthly payments over the next 30 years. her first payment will be due one month from now. however, the mortgage has an eight-year balloon payment, meaning that the balance of the loan must be paid off at the end of year 8. there were no other transaction costs or finance charges. how much will amanda’s balloon payment be in eight years

rural residential development company and suburban real estate corporation form a joint stock company. the longest duration a joint stock company can be formed for is

Suppose an economy has only two sectors: goods and services. each year, goods sells 80% of its outputs to services and keeps the rest, while services sells 62% of its output to goods and retains the rest. find equilibrium prices for the annual outputs of the goods and services sectors that make each sector's income match its expenditures.