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Small and Medium Enterprises (SMEs) are considered the backbone of the economy in many developed and developing countries alike.
- Discuss the key roles played by the SMEs and;
-Critically analyse the reasons behind the challenges faced by the enterprises to foster commendable economic development in many developing countries
Suppose the governments of two different economies, economy J and economy K, implement a permanent tax cut of the same size. The marginal propensity to consume (MPC) in economy J is 0.85 and the MPC in economy K is 0.8. The economies are identical in..
Why is off shoring inevitable in some jobs? What jobs are in danger? What jobs are insulated or protected from outsourcing? What can you do to protect your job from being outsourced?
The Solow Model concludes that the accumulation of physical capital cannot account for the vast growth over time in output per person.
If velocity is 5, aggregate output is initially $ 10 trillion, and the money supply is $2trillion. What is the price level? What is the price level if the money
Marginal revenue product for a price taker equals
Laura sells mushrooms and strawberries to tourists. If Laura spends the morning collecting only mushrooms, she picks 8 pints; if she spends the morning picking strawberries, she collects 6 pints. If she picks some of each, however, she can harvest mo..
You are offered a part-time job in a different restaurant where, rather than being able to eat for free, you receive only a large discount on your meals.
What is the difference between reserves and excess reserves, and what is the importance of excess reserves?
Pick an existing or proposed environmental policy. Use market failure theory to explain or justify the policy. Then use public choice theory to provide a possible alternative explanation for the policy.
Calculate the internal rate of return. Your answer should be in a percent to one decimal place (e.g. 15.1% not 0.151)
We have two politically opposite views about conduct of fiscal policy. ------are willing to close the GDP gap via----- and -----favor----
If the table represents the demand faced by a monopoly firm, then what is that firm's marginal revenue as it increases output from 1300 units to 2200 units - Is demand elastic or inelastic in the $6-$8 price range? How do you know?
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