Agriculture performs a supporting role in developing world

Assignment Help Business Economics
Reference no: EM131169262

Currently, agriculture performs a supporting role in developing world—it supports the urban industrial sector. Are you satisfied with this role or do you want to advocate a different role for agriculture?

Reference no: EM131169262

Questions Cloud

The aggregate demand curve is upward sloping : If the consumption function lies below the 45 degree line dissaving is occuring. If the AE curve lies below the 45 degree line there is a inflation at full employment. Output is increased to get rid of an inflationary gap. The aggregate demand curve ..
Aggregate demand curve-consumption is primarily determined : The aggregate demand curve is. Consumption is primarily determined by. When the saving function is below the disposable income line. The negative relationship between the aggregate price level and aggregate output demanded gives the aggregate demand ..
Downward shift in the consumption function : Which of the following would shift the aggregate demand curve to the left? The short-run aggregate supply curve is positively sloped because: The aggregate expenditure curve is represented by a line that is: Whenever GDP exceeds planned aggregate spe..
Income disparity among countries and endogenous growth : In the Solow growth model, suppose that the per-worker production function is given by y=zk^0.3, with s=0.25, d=0.1, and n=0.02. Suppose that in country A, z=1. Calculate per capita income and capital per worker. Suppose that in country B, z=2. Calcu..
Agriculture performs a supporting role in developing world : Currently, agriculture performs a supporting role in developing world—it supports the urban industrial sector. Are you satisfied with this role or do you want to advocate a different role for agriculture?
The consumption-savings decision and credit markets : Consider an economy in which consumers have identical preference and income. The income is determined randomly and exogenously in each period. Consumers prefer smooth consumption over time. Production does not involve capital so that there is no inve..
Intend for future presidents to be limited to two terms : As the first President of the United States of America, George Washington was aware that many of his actions would be regarded as precedents, meaning that many of the decisions he made in his presidency would inform the decisions of future Presidents..
The value of the membership is proportional : Suppose that if there are n users of a network, the value of the membership is proportional to n(n − 1). If the value of a network to a single user is $1 for each other user on the network, then a network of size 100 has a value of:
Globalization eventually change the market structure : It is reasonable to assume that the barriers to entry in market will remain in place despite technological change and competition? Consider newspaper. In most countries there are a fee widely- read newspaper, making this particular section an olipolo..

Reviews

Write a Review

Business Economics Questions & Answers

  What is the profit maximizing condition for the firm

What is the profit maximizing condition for the firm when choosing the optimal level of labor? Write down the condition in REAL terms. Suppose the Labor Supply Curve is given by Ns = 92 + 6w. (w is the real wage). Obtain the Equilibrium real wage and..

  Calculate the economy-wide currency ratio

The questions on this homework deal with an economy called Economica. Calculate the economy-wide currency ratio. Because precision is very important with the multiplier and its components, round your final answer and any intermediate steps to THREE d..

  Calculate euclids cost recovery deduction

Euclid acquires a 7-year class asset on May 9, 2015, for $80,000. Euclid does not elect immediate expensing fewer than 179. She does not claim any available additional first-year depreciation. Calculate Euclid's cost recovery deduction for 2015 and 2..

  Illustrate the relative desirability of perfect competition

Illustrate what do your results tell you about the relative desirability of perfect competition versus monopoly in the presence of externalities.

  Find the firm’s profit-maximizing output-price and profit

Suppose a firm faces the inverse demand curve P = 600Q– 0.5. The firm has the total cost curve TC = 1,000 + 0.5Q1.5. Find the firm’s profit- maximizing output, price, and profit.

  How much does the airport need to set aside now to pay

How much does the airport need to set aside now to pay for these costs, if the company can earn 10% per year, compounded every 4 months?

  Do these conditions increase the union wage premium

How would the following circumstances affect workers’ ability to earn higher wages by forming a labor union? Do these conditions increase the union wage premium, decrease it, leave it unchanged, or is the effect ambiguous?

  Lower opportunity cost

Joe can make apple pie at a lower opportunity cost than Sandy but Sandy can make more apple pies per day than Joe.

  What was the net capital outflow

In 2010, U.S. investors purchased $50 billion in foreign assets, and foreigners purchased $100 billion in U.S. assets such as stocks and Treasury bills. In addition, U.S. businesses invested $150 billion in foreign factories and operations, while for..

  Balance of payments

(Balance of Payments) Explain where in the U.S. balance of payments an entry would be recorded for each of the following: A Hong Kong financier buys some U.S. corporate stock. A U.S. tourist in Paris buys some perfume to take home.

  Mechanism in the solow model that generates growth

What is the mechanism in the Solow model that generates growth? Why is this an appealing mechanism? Why does it fail to deliver economic growth in the long run

  Describe job compensated with incentive pay

Describe a job compensated with incentive pay in your company. What performance evaluation metric is used, and how is it tied to compensation? Does this compensation scheme align the incentives of the employee with the goals of the company? Estimate ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd