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Explain in detail China is known as the economic capital and manufacturing hub of the world.
What are some ways to collect and measure cost in order to perform an estimate of future values What are some of the problems experienced in collecting these data
1. which of the following is always true?when marginal costs are less than average total costs average total costs will
Define the agency/organization that reports the turning points for a business cycle and the role of this within the economy.
1. Define the LEI Index 2. What are the components of the LEI? 3. How do Economists use the LEI?
As a policy maker, would you prefer the strategies of aggregate supply-based economic growth or aggregate demand-based growth? Why or why not?
Elucidate action did the FOMC take, if any, as per the level of the fed funds rate. Why did it make this choice
Estimate the demand functions of commodity X and commodity Y using Lagrange method, if it is given that price of X is Px
In your own words, is the blood an organ or a tissue? Explain why or why not. Why is plasma protein important to a healthy blood supply? Can it be donated?
suppose you divide your life into two periodsworking age and retirement age. when you work you earn labour income y
Find unemployment data for the following four years 1995, 2000, 2005, and the last available year. Use four labor force groups: males, and females, in each case 16 to 19 years of age, versus 20 years of age or over.
Suppose demand for the firms watches falls permanently to P = 20 - Q/20,000. In view of this fall in demand, what output should the firm produce in the short run? In the long run? Explain.
What happens to the equilibrium price and quantity in each market? Which product experiences a larger change in quantity? Which product experiences a larger change in price?
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