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The essay will be based on atopic related to analyzing the Chinese macroeconomic conditions at the present stage. The goal is to gain knowledge about the macroeconomic performance of the Chinese economy. The essay will be marked according to the following guidelines:
Creativity and originality;
Understanding of the issue discussed, including the background of the question, literature and data employed in support of your argument.
Clarity of the theme and accuracy of the description;
Logical thinking and rigorousness;
Writing style (footnotes, quotes and bibliography must be used in the essay).
Less than 4000 words.
Mbank has deposit liabilities of $100 million. It only keeps the minimum cash reserves required by law of 10%. Its annual costs (wages, rent, utilities, etc.) are $2.5 million. What is Mbank's profit when it charges 7% annual interest on its loans, a..
a paint factory produces paints but in the process transmits chemicals into the soil below the factory. these chemicals
Explain how the Laws of Supply and Demand are illustrated in this graph. Assume that the government imposes a price floor of $12 in the E-Book market. Explain what would happen in this market.
When 50 employees are used, the average product of labor is 50 and the marginal product of 50th worker is 75.
What is the additional revenue a firm receives from selling an extra unit of output?
Use the utility function to answer the questions, below: (x1, x2) = exp (√(x 1 ) + √(x 2 )-Derive the Marshallian (ordinary) demand function for good1 and 2, x i *(p,l), i =1,2 . Then derive the indirect utility function (p,l).
Describe how macroeconomics is involved in health care reform plans. Compare how access, quality, and cost are components of the U.S. and European health care reform plans
Consider now the decision problem of the agents. Let n denote the number of hours per month that an agent works. Write an equation relating n and l. Write the agents budget constraint. Express the budget constraint in terms of c and l. State the agen..
The government places a price floor on milk which is below the current equilibrium price of milk. The number of children who drink milk and the number of farmers who produce milk increase at the same time.
Mark Martinko has been a class A racquetball payer for the last 5-years, and one of his biggest goals is to own and operate a racquetball facility.
Consider the following production function: Q = K L . Explain the special characteristics of this production function. How is it different from a Linear production function? How is it different from a Leontief production function?
What is the highest profit or lowest loss availability to this firm?Should this firm operate or shut down in the short run? Why? What is the relationship between marginal revenue and marginal cost as the firm increases output?
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