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1. If we were "forced" to select only one of the following as the prime driver (let's say it is over 50% of the cause) of globalization, weighing more than the others, which of the following 3 would it be:
A} Political --- the "Cold War" ends in 1989, & further established with the dissolution of the Soviet Union or USSR in 1991, paving the way for what could be termed as a "global world order"
B} Economic --- with the establishment of the World Trade Order (WTO) in 1995, trading across the globe becomes much faster & brings along with it many sides effects & by-products
C} Technological, especially in communications --- the rise of the World Wide Web transforms the world
As an added point, you may also describe the disadvantages of this particular prime driver that is being experienced today
The company's IT Governance Board has been tasked with developing a set of policies to address IT security requirements arising from
Suppose that a firm's production function is given by Q = K^0.33L^0.67, where MPK = 0.33K−0.67L^0.67 and MPL = 0.67K^0.33L−0.33. As L increases, what happens to the marginal product of labor? What happens to the marginal product of capital?
Now that we have learned that the Short-Run Phillips Curve (SRPC) shows the trade off between inflation and unemployment at the given natural unemployment rate and expected inflation rate, discuss which is worse, too much inflation or too much unempl..
Assume a central bank does not satisfy the Taylor principle. Use a graph to analyze the impact of a supply shock.
What is the optimal transfer price for the basic plastic item . At what price should the marketing division sell its product.
Suppose that the citizens of Hungary can purchase all the oil they desire at the going international price. If the Hungarian government levies a tax on oil, who bears the burden? Illustrate your answer wit h a supply and demand diagram.
Explain why an increase in the wage rate for autoworkers will generate more of a negative employment response in the long run than in the short run. Assume there is no productivity increase and no change in the price of nonlabor resources
The Fibonacci series is defined to be the following numbers: 0,1,2,3,5.8,... where each number is the sum of the previous two numbers. Construct a program flowchart and corresponding pseudcode that will compute and output the first number greater ..
Explain why expected return is considered forward-looking. What challenges arise in using expected return?
According to Edward Hall, which of the following is an INCORRECT statement about the role of language in cross-cultural communication?
Suppose a country has had a high and relatively stable inflation rate for a long time. How might this affect the costs and benefits of inflation reduction?
An industry which has no barriers to entry, no product promotion strategy, a standardized product, and a very large number of firms operating within it, is said to have:
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