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Compare an $80,000 median family income in 1980 to the same income in 1990, 2000, and 2010. What are the differences in the available products? What are the differences in the quality of those products? Considering this, in which of those years would you rather live? Why?
If the marginal product of capital net of depreciation equals 8 percent, the rate of growth of population equals 2 percent, and the rate of labour-augmenting technological progress equals 2 percent, what must happen to the saving rate to reach the Go..
How will high entry barriers into a market influence (a) the long-run profitability of the firms (b) the cost efficiency of the firms in the industry (c) the likelihood that some inefficient high-cost firms will survive
We are in 2012 and you have just been appointed Governor of the Central Bank of a hypothetical advanced economy, and you have to chair your first Monetary Policy meeting - carefully explain the pros and cons.
blutarsky is throwing a party at his fraternity and is trying to choose how much beer and vodka to buy. a bottle of
Give an example of fault base testing technique as used in software engineering.
What are the advantages of democratic and overall leadership?
a) What kind of returns to scale does this technology exhibit? b) Calculate the Conditional Input Demand for good 1, and good 2, c) Find the cost function, as well as the marginal cost function.
Suppose supply of a good is perfectly elastic at a price of $5. The market demand curve for this good is linear, with zero quantity demanded at a price of $25. Given that the slope of this linear demand curve is -0.25, draw a supply and demand.
Illustrate the difference in the price elasticity of demand for an individual firm in a perfectly competitive industry as compared with a monopolist.
OPEC is the economist's favorite cartel to study, partly because it had such a spectacular short-run success and partly because oligopoly theory could be used to predict how OPEC pricing actually evolved. Research some recent developments in petro..
Compare the historical role of the executive branch in health policy and outline the effectiveness of that approach. Consider the way in which the relationship between the public and private sectors are expressed in presidential debates.
What will be the equilibrium price in the world market for laptops? With trade, what happened to the price of laptops in the United States? Japan?
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