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The annual rate of growth of real GDP in a developing nation is 0.3 percent. Initially, the countries' population was stable from year to year. Recently, however, a significant increase in the nation's birth rate has raised the annual rate of population growth to 0.5 percent.
Answer the following questions:What was the rate of growth of per capita real GDP before the increase in population growth?If the rate of growth of real GDP remains unchanged, what is the new rate of growth of per capita real GDP following the increase in the birthrate?
Explain International Monetary System
Suppose a firm that is deciding whether to operate plants only in United States or also in either Mexico or Canada or both. Congress is currently discussing an overseas investment in new capital tax credit for U.S. firms that operate plants outside t..
Be sure you fully discuss the economic condition stated in this problem from a theoretical and practical viewpoint. Fully support your statement with references.
Assume market demand and supply are given. Equilibrium price of X is $100 per unit then producer surplus is.
Assume a country decides it will either dollarize or create a currency board. Of these two options, why might dollarization be a better choice.
The entire satisfaction consumer gets from consuming a good or service is________ utility, but the extra or additional satisfaction that a consumer gets from a good or service is ________ utility.
Assume the US economy experiences deflation. Trace through the impact on the US macroeconomic variables to the effect on the FOREX rates.
According to a recent article in the Wall Street Journal, side-impact crashes are among the deadliest, accounting for nearly 10,000 deaths per year.
explain international trade wars can take place and competition among nations is reduced.
Using the tools of analysis developed in this course, demonstrate that removing the subsidy will make consumers worse off but will nevertheless improve society economic welfare.
Economic and political stability are important factors to be considered when finalizing an international investment. Illustrate what are some specific risks of investing in politically and economically unstable countries. Cite real life examples.
Describe the extent to that you believe these three measures are related.
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