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In what way does the dependency theory of development challenge the classical theories of development? How does Scott use the social construction of gender and the associated concepts of masculinity and femininity to explain why both classical and dependency theories are gendered? Can you ?nd a way to relate these issues to your own life experiences?
Suggest how an economist would approach the problem of alcohol abuse. Provide two (2) possible solutions to this problem. Include the four (4) elements
A university charges the same tuition and fees for students who take 12 credits per term as those who take 18 credits per term. Those who average 18 credits per term can easily graduate (obtain their baccalaureate degree) in 3½ years while those who ..
Georgina consumes only grapefruits and pineapples. Her utility function is U(x, y) = x2y8, where x is the number of grapefruits consumed
A student has a budget of $200 for their meals outside of the home per week. One possibility is purchasing a meal at a restaurant, which we will call x1, and which costs $20, and a second possibility is purchasing a meal at the school cafeteria, x2, ..
Topic 1: What do you think, why the abolition of "sweatshops" in developing countries would make those countries and their citizens worse off?
The price in a market is dominated by two firms is affected by the quantities supplied by both firms, Q1 and Q2: P = 100 - (Q1 + Q2). The marginal cost for the two firms is identical and constant and equal to 25. Derive the equations for total revenu..
As a welfare maximiser, you will build the number of pylons which benefit society. Suppose you have built 1 pylon. How many additional pylons must you construct
What are network effects? What market power does a social network such as Facebook imply for a business that has a Facebook profile?
Explain how do these two relate to each other in the Circular Flow Economy and to the Government and Foreign Sector components.
Recessions seem to show up every so often and create economic hardship. One might think that macroeconomic policymakers could tame the business cycle and implement policies that would end recessions. Are recessions a necessary fact of macroeconomic l..
Consider a representative firm that produces using capital (K) and labor (N), but that owns no capital. The firm can hire workers in the labor market at a wage w and can rent capital market at a rental rate r. Find the firm’s optimal profits. Find th..
What is the present and future value of $50 to be received at the beginning of each year for the next five years if the discount/compounding is 11%?
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