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Developing countries often claim that growth and trade have left them no better off or perhaps worse off. How might you explain this result theoretically? Could this result obtain if the countries tended to be relatively small? why or why not?
What are the advantages and disadvantages of using the Gross Domestic Product (GDP) as a measure of productivity and economic health? Explain your answers
A coal-fired power plant can produce electricity at a variable cost of $0.07 per kilowatt-hour when running at its full capacity of 30 megawatts per hour, $0.16 per kilowatt-hour when running at 20 megawatts per hour, and $0.24 per kilowatt-hour when..
Which of the following uses of tax revenues collected by the government leads to increased capital deepening?
Describe the strategies that theseoligopolistic companies used to fight the toothpaste war. What were the elements of success or failure?
Political advertising is often directed at winning over so-called swing voters, whose votes might go either way. Suppose that two political parties—the Freedom Party and the Liberty Party—disagree on whether to build a new road. Polling shows that of..
What recommendations do you have for improving the design of the perceptual map study (i.e. the products, attributes and segmentation questions)?
Which of the following explains that the production of a good moves from invention through the protection of production methods to standardization and that the country that nationally exports the good likely becomes the importing country.
Between January and December 1994, U.S. unemployment fell from 6.7 percent to 5.4 percent of the labor force. The Federal Reserve, the nation's monetary-policymaking authority, took active measures beginning in February 1994 to raise short-term inter..
What are the various causes/types of unemployment? What does it mean to be unemployed, i.e. what are the social, economic and political effects of unemployment? Should the government's number one goal be low unemployment and how' do unemployment and ..
In 1979, in the face of rising competition in the fast food hamburger market, McDonald’s reduced the price of its cheeseburger to $0.43. If the CPI in 1979 was 37.2 and the CPI in 2005 was 100, what is the price of a 1979 cheeseburger in 2005 dollars..
Determine whether each of the following statements in true or false, and explain why. For each true statement, discuss whether there is anything unusual about the impact of money and fiscal policy in that special case.
What will happen to the economy of a country if the government allows the banks to print a lot of money and give the people cheap loans.
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