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1. "Joseph Stiglitz, Nobel prize winner in Economics, wrote in his book: "Another World" that Globalization has created the conditions for a new anti-competitive attitude that can be difficult to detect and to handle. Using your knowledge and examples, do you think that multinational companies promote competition and how?" Discuss.
2. "Monopolies are sometimes favorable to the consumer. Use two examples to illustrate this theory. Today, do you think monopolies should be allowed to operate today or should they be dismantled?" Discuss.
Determine the current amount of money that must be invested at 12% nominal interest, compounded monthly, to provide an annuity of $12000 per year for 4 years, starting 11 years from now. The interest rate remains constant over this entire period of t..
What was Real GDP for 2009 and what does GDP tell us and how did GDP change from 2008?
Assume the following was overheard at the water cooler: "I think our medical device company should take advantage of economies of scale by increasing our output, thereby spreading out our overhead costs."
johns lawn mowing service is a small business that acts as a price taker. suppose the market demand curve for mowing
you will apply economic principles presented in weeks one through three in this weeks assignment. your assignment
Suppose economists observe that an increase in government spending of $10 billion raises the total demand for goods and services by $30 billion. 1. If these economists ignore the possibility of crowding out, what would they estimate the marginal p..
For simplicity, let's assume that every household has a marginal propensity to consume (MPC) of 0.75. If the government implements a fiscal policy involving its purchases of goods and services
Subsidy programs are likely to have a number of secondary effects in addition to the direct effect on dairy prices. What impact do you suppose farm subsidies are likely to have on the following?
Normal 0 false false false EN-US X-NONE X-NONE Determine the effect upon e..
Identify a market which you feel is perfectly competitive. The firms in this structure are considered price takers, are the firms in the market you chose all selling their product at the same price? Why or why not?
Identify the impact of the policy on demand or supply of the good(s) or service(s). Discuss the change(s) and draw a supply and demand graph
Data that provide labels or names for categories of like items
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