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Real GDP, Real GDP growth rate, Real GDP per capita analysis
- Describe and explain the performance trends
- Research and discuss Government's measures to achieve the economic performance
- Describe unemployment trends based on the unemployment rate
- Discuss the types of unemployment
- Research and discuss Government's measures to achieve full employment
- Describe the price level trend based on the inflation rate
- Discuss the causes of inflation (if any)
- Research and discuss Government's measures to achieve stable price
define and explain the difference between absolute advantage and comparative advantage. what is the significance of
There exists 10,000 firms in a market each with MC curve MC=2q. Where Q = quantity of production (of the firm). Assume aggregate demand is 20,000 and independent of price. What is the market equilibrium and price?
What is the role of state law in determining whether an entity will be classified as a corporation for Federal income tax purposes?
the role of governments in the economy is one of the most debated issues in economics. similarly one of the most
Outline the human capital and signalling approaches
When war broke out in the Middle East, many markets were affected. Most of the worls's oil production takes place in this region and what happens in the market for oil; and (ii) what happens in the market for sports utility vehicles as a result of ..
how does industry-level price elasticity of demand shape the opportunities for making a profit in an industry? how does
i. the quantity demanded of lobsters is 012345 and 6. the derived total utility is respectively 0 15 23 25 25 22 and
Apple recently launched the iPod nano under 2-different versions:2GB and 4GB. There are two types of customers of the iPod nano.
quotas - quantitative problems1. in the u.s. daily supply and demand for a particular good are given by the equationsqs
Mike's preferences for Budweiser (B) and Sam Adams (S) can be represented by: U (B,S) = 10B + S. How will Mike split his income of $3 under the following scenarios?
Suppose a monopolist producing Q units of output faces the demand curve P = 20 - Q. Its total cost when producing Q units of output is TC = F + Q2, where F is a fixed cost. The marginal cost is MC = 2Q.
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