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Assignment
Problem 1. (Challenges for Economic Development)
Go to the World Bank's Website (https://www.worldbank.org/) and find and read the most recent World Development Report. Describe the current challenges for global growth.
Problem 2. (Stages of Economic Growth)
Describe the stages of economic growth according to Costa, Kehoe et al, (The Stages of Economic Growth Revisited, parts 1 and 2, Federal Reserve Bank of Minneapolis, Economic Policy Papers 16-5, March and April 2016). (Papers available on Blackboard, also: https://www.minneapolisfed.org/research/economic-policy-papers/)
Explain how the locations of each of the four curves graphed in question 7b would be altered if (1) total fixed cost had been $100 rather than $60, and (2) total variable cost had been $10 less at each level of output.
Do you think unemployment insurance benefits would influence the unemployment rate? Suggest some actions that the U.S. government might take to create more jobs.
What will be the effects on aggregate surplus, consumer surplus, and producer surplus? What will be the deadweight loss created by the tax?
The return to a college degree raise a lot while college enrollment remained steady.
Describe the cultural differences between a team and non-team environment. What is a High Performance Team What are the benefits to the employees, customers and management for using such teams
Elucidate the roles played by total utility and marginal utility.
Elucidate what are the differences among horizontal, vertical, and conglomerate mergers. Is one type preferable from the view of anti-trust policy.
abby consumes only apples. in year 1 red apples cost 1 each green apples cost 2 each and abby buys only 10 red apples.
What is an example of perfectly elastic demand? What does this mean?
President Obama campaigned on the theme that he was going to reduce taxes for 95% of working Americans. Why would such a campaign promise be difficult to put into practice?
Describe the extent to that you believe these three measures are related.
1) Discuss proposals to add an amendment to the U.S. Constitution regarding cyber law. 2) Discuss aspects of the U.S. Constitution that would concern such a law, including the 1st, and 4th Amendments regarding individual rights and law enforcement..
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