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Vivek Dehejia has argued: "Despite their vastly different histories, cultures and political systems, developing and emerging countries are going to have to find a way to share the fruits of development more equitably and to curtail corruption, without at the same time cooling the engines of growth. The consequences of failing to do so could be catastrophic." Do you agree or disagree? Discuss critically.
Members of the Federal Reserve Bank, the central bank of the United States, meet every six weeks to adjust interest rates based on economic conditions.
Assume that there are 2 firms playing an infinitely repeated game where firms choose prices for a homogeneous product. Let P = 5 - Q. Hence, a single-shot (one period) game is a homogenous product Bertrand game. The marginal costs of production are c..
Suppose a monopoly faces demand given by P = 24 - Q and has a cost function given by C = 10 + 4Q.
The current market price for XYZ is $52 per share. Initial margin is 50%, maintenance margin is 35% and margin interest is 1.75% per year. You believe the stock price will increase over the next year and wish to trade exactly one round lot. What trad..
Consider the production function q=4L^.3K^.8. K is not fixed in the long run. Graph the isoquant for Q=4. Identify and label 3 points on the graph. Calculate MRTS and determine slope of the isoquant of the three points you identified. label the slope..
A company provides home internet networking services and promises customers to be compensated for a delayed service if the service calls cannot be resolved unde
Integrating Problem Samantha Roberts has a job as a pharmacist earning $ 30,000 per year, and she is deciding whether to take another job as the manager of another pharmacy for $ 40,000 per year or to purchase a pharmacy that generates a revenue of $..
What part of the business cycle is the U. S. economy currently in? Evaluate your answer using three economic indicators. Analyze the trends and forecast the direction of the business cycle in the next six months using your economic indicators.
If the wage of sawmill workers is $10 per hour, then how many workers will the mill hire?
Explain how an acceleration of the GDP growth rate could have contributed to the fall in the debt-GDP ratio during the 1990's.
The newspaperis published 252 days per year (5 days per week, except holidays). If a 10% nominal annual interest rate, compounded quarterly, is used:
What is per unit cost of producing 60 units of output. ATC(60)=$10 What is per unit labour cost of producing 60 units of output. AVC(60)=$6.67 What is per unit fixed cost of producing 60 units of output.
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