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Mexico's real GDP was 8,762 billion pesos in 2010 and 9,105 billion pesos in 2011. Mexico's population growth rate in 2011 was 1 percent.
Calculate Mexico's growth rate in real GDP in 2011. Round your answer to the nearest tenth. ______ %
Calculate Mexico's growth rate of real GDP per capita in 2011. ________ %
Do you agree with this statement? Could you make an argument that these markets are not competitive?
Assume that labor demand for engineering is perfectly inelastic and is given by the equation L^d=300, while the supply curve for engineering is given as L^s=210 +10W represents the hourly wage rate. what is the level of employment, wage and, unemploy..
Do you believe that the Federal Reserve should be controlled by Congress? Please Explain.
What are the implications of the profit changes for expansion or contraction of the particular industries?
A consumer has utility function given by u(x_1, x_2) = Squarerootx_1x_2. Suppose the price of good 1 falls from $5 to $2. while the price of good 2 and the consumer's income remain constant at $10 and $100, respectively. Find the substitution, income..
Management at Washington Hospital Center is thinking about two investments. One is an MRI machine, which can make $100,000 in good economic conditions or $60,000 in bad economic conditions. Another is a CT scanner, which can make $150,000 in good eco..
As polluter, would you prefer that a damages remedy or an injunctive remedy be available to the victims of your pollution? Briefly explain your choice in a few
What is the relationship between a bank's capital ratio and the risks and returns faced by (i) its shareholders and (ii) its creditors? Explain your answers.
If you wanted to invest in bonds could you use a bond mutual fund? Would this tool be simpler then buying individual bonds why or why not?
The Short Run total cost curve of a firm in a hypothetical market is given by. What is the shut down price? What is the break-even point of the firm? What is the equation for the firm’s short run supply schedule?
The Individuals with Disabilities Education Act mandates that states and localities provide appropriate education for all students identified as having special needs. States have responded by funding special education using several different mechanis..
If these two things happen at the same time we would expect the market price of kale to fall and the equilibrium quantity to fall as well.
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