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Is it necessary for a country to have absolute advantage in the production of a good to have comparative advantage in it?
Using Beer's Law calculate the value for (extinction coefficient) in units of ppm-1 cm:
Economic data is a very broad concept. It can include discrete preference relation data-sets as well as extensive time series data. But it is important that theories are tested against data, and the earlier this happens in the development of an econo..
The US recently purchased $1 billion of 30-year zero-coupon bonds from a struggling foreign nation. The bonds yield 4.5% per year interest. Zero coupon means the bonds pay no annual interest payments. Instead, all interest is at the end of 30 years.
assume an economy lasts for 2 periods. in period 1 only 1 agent is born this agent lives for 2 periods. in period 2 two
Suppose that you are a legislator in New York considering whether to exempt people using Airbnb from the rule that rooms in private homes have to be rented for at least 29 consecutive days. What considerations would you take into account in making a ..
Does labor market benefits from technology and innovations? What about if we consider disruptive technology and innovations?
Demand: P=50-QD and Supply: P= 25+QS The government decides to impose a price floor of $40. Illustrate graphically the different economics effects of such intervention in this market. Calculate and compute the deadweight loss generated by the governm..
Identify and discuss at least two economic phenomena for which the linear-in-parameters/linear-in-variables regression model may not be appropriate (besides any mentioned in the text). Select an economic phenomenon and determine which of the models d..
Calculate the growth rate of nominal GDP and constant GDP for the period 1985-1995. Calculate the growth rate of nominal GDP and constant GDP per capita for the period 1985-1995. What is the current GNP in 1985 and 1995? calculate the growth rate of ..
Suggest one (1) pricing policy that will enable your low-calorie, frozen microwavable food company to maximize profits.
Developed produces two goods, manufactures and food, using three factors of production: capital, land and labor. The production of manufactures requires capital and labor, while the production of food uses land and labor. All the arable land is in th..
Oceania is a small open economy. Suppose that a large number of foreign countries begin to subsidize investment by instituting an investment tax credit (while adjusting other taxes to hold their tax revenue constant), What happens to world investment..
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