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Kingdom UniversityCourse Code: ECON 203 Course Title: Macroeconomics College: Business AdministrationDepartment: Business Management
Questions:
1. Discuss the focus of Bahrain Vision 2030 based on the following guiding principles and Terminologies:
a. Sustainabilityb. Fairnessc. Competitiveness
2. Bahrain Government has an Action Plan for 2019-2022. How do some of the action points solve problems of Bahrain economic growth, labor productivity growth and macroeconomic policies.
3. Assess how Bahrain Vision 2030 as a whole monitor its economy using their macroeconomic policies.
What could have happened to the economy if the Federal Government had not stepped in to bailed out the AIG? (300-350 words) What do you believe the outcome of the same bailout with be in the next 10 to 20 years? (300-350 words).
A firm faces the following demand and total cost functions:
Assume that the theme park owner invested in expanding his park so that he could accommodate up to 1,500 customers each day. The theme park still charges a single admission price, and all rides are free after admission. During summer, demand follo..
Describe how and why Oligopoly (game theory) would make one into a better manager. Also would this answer change as time goes on and have to be modified to fit the realities of the developing world. If yes or no, why?
The demand for a good produced by a firm has been reliably measured by P = 100 - 5Q, output Q is measured in thousands of units. If the total cost function is given by: C = 10Q, what is the optimal level of output produced by the monopolist?
How does policy fit into the current macro context and what are the likely effects of this policy on the components of aggregate demand, and on equilibrium output? Specificity and detail are key in describing policies and their effects.
Write an essay based on the core principles of practical macroeconomics, and on our discussion of the economic way of thinking, that convinces the reader whethe
Analyze why the prices of gasoline rose so high over the summer. Was it because OPEC cut back production and the number of people driving was more. Illustrate this using a graph showing a decrease in supply
Assuming the phone company has to charge the same monthly rental fee and unit price to all its customers, at what level should it set these charges?
Identify and discuss the tests used to determine whether a law complies with the equal protection clause?
Getrude buys unit trusts and invests for growth.She bought 2,200 units at a price per unit of £69, plus an initial charge of 5%. Calculate the total cost of the units including initial charge.
What does the term "quantity demanded" refer to? A. It refers to both the amount of a good that consumers want to buy at a specified price and the amount that suppliers want to sell at that specified price B. It refers to the demand for a good over..
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