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Assignment:
There are two formulas for the Gross Domestic Product. The one used most often is the expenditure approach. It is given as follows:
GDP = C + I + G + NX
Define the variables in the equation and give a specific example for each of them with the exception of GDP.
As an worker of the World Bank you have been asked to research the requires of two nations with a particular concern. I have selected Mexico and Argentina.
What are the advantages and limitations of palmtop or handheld computers (including smartphones)? Do you have one? If so, for what do you use it? If not, what features would be particularly attractive to you?
What impact would this new balanced budget rule have on the short run economic performance, i.e. output (Y), and price level (P)? Use AS-AD framework.
Choose a macroeconomic issue of current interest for which you can find two editorial or op-ed columns from national or international newspapers or magazines that take differing positions on the issue.
Is it a good idea for the government to require automobile manufacturers to include pollution control devices, and certain safety devices (i.e. air bags) in every car sold in the U.S.? Explain from the context of the definition of externalities.
What is the role of government? Explain the microeconomic and macroeconomic policies of the government.
Identify and describe 4 differences in managing risk in an agile project compared to managing risk in a traditionally managed project.
Explain the key benefits of international and global expansion for domestic businesses, providing specific examples and using supporting evidence.
You will also include graphs to show new expected profit-maximizing quantity and price of oil after completion. After determining the profit-maximizing price.
The airline has an average of 40 passengers paying an average of $200 for this flight. Do you think the airline should be flying between the two cities? Evaluate from a short-run and long-run perspective.
Ilulustrate what incentives are needed for business to adopt new technology.
It is said that the upper income brackets tend to have a lower MPC than the middle or lower classes. How then is a tax cut given to the very wealthy likely to create jobs and economic expansion? Explain.
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