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1. What are some of the factors that have contributed to labor market rigidity in Latin America? Provide three explanations.
2. What is Rule of Law? What 3 countries in Latin America has strongest rule of law in 2013? What 3 countries in Latin America have weakest rule of law in 2013?
3. What are property rights? What 3 countries in Latin America have strongest property rights in 2013? What 3 countries in Latin America have weakest property rights 2013?
The problem is belongs to Economics, particularly to Macroeconomics and it is a review about the Asian financial crisis and the 2008-2010 global financial crisis finding out their differences and similarities with the roots causes for each of them..
assume the country is in a budget deficit and carrying a very large debt. discuss the dangers of a high debt to gdp
suppose that the equation for autonomous planned spending ap is ap6200-200r and the value of the multiplierk is 2.5.a
Compare and contrast the Virginia and New Jersey Plans; what were the strengths and weaknesses of each proposal? And, what parts of both plans eventually became part of the Connecticut Compromise?
In the class, we discussed the Paradox of Thrift argued by John Maynard Keynes. According to the argument, even if many household decide at the same time to increase their saving, the total saving will not increase in the long run, while it leads ..
If Electrocomp decides that at least 30 air conditioners should be produced but no more than 50 fans should be produced, what would be the optimal solution? How much slack is there for each of the four constraints at the optimal solution?
Elucidate which economic concepts, sure as comparative advantage, apply to your firm. Explain how these economic concepts can be used to address the firms's problem and opportunities.
Assume a market is controlled by a three firm oligopoly where the market demand curve is given by p = 75 - 3Q and marginal cost is equal to 5. How much does each firm produce and at what price if they form a profit maximizing cartel where each fir..
Suppose the U.S government decides that the incomes of dairy farmers should be maintained at a level then how much surplus milk will be produced as a result of this policy.
Suppose that a firm maximizes its total profits and has a marginal cost (MC) of production of $8 and the price elasticity of demand for the product it sells is -3. Find the price at which the firm sells the product.
New Light Inc. has just developed a solar panel capable of generating 200% more electricity than any solar panel currently on the marketplace.
1. A worker has 24 hours per day to allocate between leisure and work. Use graphs to answer the following questions. a. If leisure is a normal good, show how it is possible to derive a negatively-sloped labor supply curve. Explain how this is poss..
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