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A recent (September 2021) BBC News headline read as follows: "Asian gold has been targeted in a spate of house breakings across Scotland with £200,000 worth stolen in just 10 days". An earlier article (in 2019) by researchers at the University of Glasgow found that, when the price of gold increased, neighbourhoods in Glasgow (Scotland) with a larger share of South Asians faced at disproportionate increase in property crime (gold theft) relative to other neighbourhoods.
Use the economic theory of decision making to explain why property crime (gold theft) increased when the price of gold increased and why neighbourhoods with a disproportionate share of South Asians were targeted.
A firm generated free cash flow of $2,348 million and paid net interest of $23 million after tax. It paid a dividend of $14 million and issued shares for $54.
Explain. A Congressman asserts the following argument: we need to produce more oil here in the United States. We consume 20 about million barrels of oil per day. If we promoted oil drilling in the United States, we could easily increase our domest..
What are the main differences among the strategies suggested by IMF, Baker Plan and Brady Plan to solve the problem of debt crisis in Latin America?
suppose a consumer derives utility from consuming two goods x1 and x2. her utility function is given as u x1 y1 8
Determining Cause and Effect Use a graphic organizer like the one below to show how a change in demand or supply affects the price of a product.
change in quantity of hybrids change in in price of gas 0.25 change in quantity of suvs change in price of gas
Mr. Shanku has borrowed dollars in the US but is now concerned regarding its currency risk. What alternatives does he have to limit his risk.
A new widget, with a service life of four years, would save $50,000. in production costs each year. Using a 12.00% nominal annual interest rate, determine the highest price that could be justified for the widget, i.e., determine the present valu..
Draw an AD/SRAS/LRAS graph in initial long run equilibrium. Label the vertical and horizontal axes appropriately.
A manufacture is planning outsourcing their product to China, where the costs to produce the product are considerably cheaper. You have been brought in as a consultant to discuss economic considerations of such a move.
The Bureau of Labor Statistics reported that in January 2000 total labor force was 140,910,000 of a possible 208,782,000 working age adults.
Plato, a Greek philosopher who lived from 427BC to 347BC, famously wrote that, "Necessity is the mother of inventions."you agree with this statement.
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