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1. Discuss the concept of the demographic transition.
2. Compare demographic developments in the developing countries with earlier de- mographic developments in the currently rich countries of Western Europe.
3. Why do families in developing countries frequently have so many children?
4. Is rapid population growth a threat to economic development? Give an overview of the various ways in which population growth could affect the prospects for economic growth.
5. Why is technical change important in assessing the consequences of population growth?
6. Why should rapid population growth result in increasing economic and social inequality?
Different theoretical views on national debt
Devaluation is often used by countries to improve their current accounts. How might devaluation affect national saving and domestic investment?
Amaranda and Bartolo consume only two goods, X and Y. They can trade only with each other and there is no production. The total endowment of good X equals the total endowment of good Y.
During 2003, we began to stop worrying that inflation was a problem. Instead, we began to worry about deflation, a decline in the price level.Assume that the Fed decided to hold the money supply constant.What impact would deflation have on interest r..
You are the adviser to a Benevolent Social Planner. GDP is falling also the economy is in a recession.
Which interest rate represents the opportunity cost of holding money - the real or the nominal interest rate? Explain and argue intuitively why the nominal interest rate (eg, the yield on a riskless bond) cannot fall below zero.
What determines whether or not resources is scarce? Why is the concept of scarcity important to the definition of economics?
Suppose you are hired by the Martin guitar company as an economic consultant. You estimate the demand for Martin guitars to be Q = 9,000 – 6P.
Which nation should specialize in the production of Good X and which country should specialize in the production of Good Y.
The company has 50,000 shares of stock outstanding.The current selling price is $15.Based on historical returns, you believe the Beta for this stock should be about 1.5.The current risk free rate is 6% and the expected return on the market is 12%.
the average pricegallon of gass in july over the past 4 years was 2.74 3.65 3.45 and 3.63. use linear regression to
Identify also explain the different functions performed in the electricity supply sector by several different types of electric utilities in these markets.
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