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Question: Write about the following-
1. Drawbacks of GDP - economic growth vs environment.
2. Parallel /shadow/ grey markets in developing countries - how they affect the country and the standard of living.
Feel free to look up current events, global issues and reflect on personal experiences and write about your views on the topics.
2-3 pagesss single-spaced.
Suppose that there are two products: clothing and soda. Both Brazil and the United States produce each product. Brazil can produce 100,00 0 units of clothing.
Your price elasticity of demand for bananas is 4. If the price of bananas rises by 5 percent, what is: The change in your expenditure on bananas?
If we are talking about setting prices or determining output even in a very large company such as an oil or steel producer wouldn't this be considered a microeconomics issue
Explore the three key facts about short-run economic fluctuations and how the economy in the short run differs from the economy in the long run.
Discuss the effect (increase or decrease) of an increase in the tax rate, t, on the equilibrium income Y* using the effect of increasing t on the equilibrium solution.
pai lives alone on a deserted island. he can spend his time gathering coconuts or bananas. he has 16 hours available
Analyze the effects of this on the markets for American produced cars, steel and petroleum. Who would stand to gain, and who would lose from this law
Renae is her economic advisor. Which of the following policies should Renae propose to Teneesha to close the gap if the MPC=.75?
The tariffs introduced during the current environment has the owner extremely concerned with the future profitability of the grocery stores. auburn university.
Supposing equilibrium in the loanable funds market exists use the following numbers to determine the quantity of funds supplied in the loanable funds market.
Max Shreck, an accountant, quit his $80,000-a-year job and bought an existing tattoo parlor from its previous owner, Sylvia Sidney. The lease
Below is a list of firms and their market share of the mass media industry. What is the industry's Herfindahl-Hirschman Index?
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