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In terms of progress in poverty, which region has made the most and least progress. Here, you are going to use the series "Poverty headcount ratio at $3.20 a day (2011 PPP) (% of population)" from the WDI for your analysis. (NB: To answer this question download aggregate data for "Poverty headcount ratio at $3.20 a day (2011 PPP) (% of population)" for East Asia and Pacific, subSaharan Africa, Latin America and Caribbean, and Middle East and North Africa. You can select these regions from the "Country" list. Use the search engine under country in WDI. Select the years "2010" and "2015". Clean the data to suit your needs and then plot a bar chart to help you carry out your analysis.)
Economists assume that profit-maximizing firms operate in perfectly competitive markets. However, this assumption does not hold in today's global market, as there are many reasons why markets are not perfectly competitive. Refer to the principle of c..
Who's economy are we helping when we send job overseas?" There are so many aspects to this question, not the least of which is that many of the jobs we've sent overseas are low-skilled jobs that American don't want to do or are better done (for vario..
Enter a whole number as your answer, if you match up pairs of buyers and sellers so as to maximize the total surplus of all transactions.
a. Calculate the probability that a known drug user will test positive.
Demand Pull Inflation: Suppose that the central bank wants to increase output, but the economy is already at the natural rate. Show the short and long run effects of a monetary expansion in this situation in the AD/AS model. You can omit the labor ma..
Consider an environment where an agent could be either employed E or unemployed U. Let’s normalize E + U = 1, so that E and U are interpreted as the fraction of people employed and unemployed at any given point in time, respectively. What is the prob..
Which of the following is an example that illustrates the importance of questioning how economic variables are defined?
Using R, dividend information, and growth rate (g) from the question 1, compute the stock prices of these companies.
A geothermal heat pump can save up to 80% of the annual heating and cooling bills of a certain home in the northeastern U.S. In this region, the yearly cost of conventionally heating and cooling a 2,000 square foot house is about $2, 500. The maximum..
Provide examples of three types of product differentiation that could help make a firm in a particular industry more competitive. Provide an example of an industry where product development and product differentiation is an important type of competit..
This year your income from only two years investment was $25,000 and you have to wait for one more year to earn $45,000 and another two years for taking $90,000. If the interest rate was fixed at 13.i ii % per year compounded continuously, how much d..
An office of 120 employees must be redesigned to accommodate 30 new employees. At the same time it should be made as effective as possible.
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