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The Washington Consensus, corporate personhood, the IMF, World Bank and etc. have created a global economic and political framework. Specifically using the book, “Bad Samaritans”, discuss the current socio-political and economic world order within the framework of Principle-Agency Theory (democracy) and overall success. This requires a pre-discussion on the parameters of “success”.
The objective is to fully explain why the company has been successful and will continue to be an effective price maker or if your firm is not a price maker, what actions need to be instituted to become a price-making firm.
As the number of workers at each factory increases, which factory will experience diminishing returns first.
Generate two (2) advantages and two (2) disadvantages of group decision making within the context of deciding how to spend revenue obtained from a new sales tax. Include at least two (2) examples of such advantages and disadvantages to support your p..
Explain principles related to being an Ethical Employer. Compare and contrast with what is going on in a previous or current organization that you have worked with.
For the total variable cost (TVC), draw a positive total fixed cost (TFC) and total cost (TC) curves. Then derive the associated marginal cost (MC), average total cost (ATC), average variable (AVC) and average fixed cost (AFC) curves. Be sure to capt..
What's the point of creating new bills with more security measures to prevent counterfeiting? If the old bills are still acceptable as currency, why would anyone even try to counterfeit new banknotes with all these security features?
a. Summarize the recent policy of the Federal Reserve concerning the level of interest rates and the reasons for this policy. Do you agree with this policy? Why or why not? b. How does this policy affect the supply of and demand for products and serv..
Identify the main instruments that governments use to constrain/restrict the behavior of economic agents (consumers and producers). Use a simple model to explain how each is expected to affect behavior.
suppose nominal GDP in 2012 was $100 billion and in 2014 it was $220 billion. The general price index in 2012 was 100, and in 2014 it was 140. Between 2012 and 2014, the real GDP rose by what percent? What is the size of the labor force in the United..
The Blair Company's three assembly plants are located in California, Georgia, and New Jersey. Previously, the company purchased a major subassembly, which becomes part of the final product, from
Suppose you have $2000 in currency in a shoebox in your closet. One day, you decide to deposit the money in a checking account. How will this action affect the M1 and M2 definitions of the money supply?
Illustrate happens to the amount of debt held by the public. Illustrate what happens to the level of gross debt.
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