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Contrast the 21st century Gates' Grand Challenges approach to developing countries health with the Katz's approach to the determinants of health (when considering AIDS/HIV) and Birn's critique of the Gate's approach. Contrast the biomedical, behavioral and political economy conceptual approaches in your answer along with the capital flight data from Ndikumana and Boyce.
Explain your answer, using hypothetical figures for the current and nonreserve financial accounts.
Using the Lagrangean Multiplier method, determine how should the hardwood be allocated between the two lines of product so that total profit can be maximized. Also calculate the optimal amounts of Y and Z and total profit from each product line.
What is the problem with the perfect competition model according to Kirzner? Why is this relevant for discussing regulation of the economy?
Why has the knowledge of economics not spread from the economics profession to the average reasonably well educated person?
Would a dynamic approach to taxation be more likely to lead to economic growth than the static approach in a country with a falling tax base? What about in a country with a growing tax base? If free riders cannot be excluded from consumption of a goo..
Give two examples, the first of a case where firms have a particular advantage over markets in coordinating economic activity, and the second where firms have a distinct disadvantage
Suppose you are in charge of a toll bridge that costs essentially nothing to operate. The demand for bridge crossings Q is given by P= 15 - 0.5Q. How many people would cross the bridge if there were no toll? What is the loss of consumer surplus assoc..
In the US, stock dividends: tend to change in direct proportion to changes in earnings. have steadily declined in nominal terms over the years. tend to decrease in amount just as frequently as they increase. are concentrated in a few mature firms. ha..
When the economy is regularly hit by TFP shocks we say the one-period model is useful because it realistically predicts that : Suppose that in the one-period model the government wants to maximize output and the time endowment is expressed in hours (..
Given the current market conditions, what profits will the Morrison make?
Which of the following would not lead to a shift of the demand curve for apples?
A firm has the capacity to produce 1,000,000 units of a product each year. At present, it is operating at 70 percent of capacity. The firm's annual revenue is $700,000. Annual fixed costs are $300,000, and the variable costs are $0.50 per unit. What ..
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