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Economic Development of Latin America
In the late 1980s and early 1990s Latin America privatized most state enterprises. What was the rationale for privatization and what were some expected benefits and costs? What have been the key sectors subject to privatization in Latin America? Describe some of the experience of privatization in Latin America using country examples. What have been the principal problems and key areas of success?
Many important economic theories develop as a result of particular economic crises facing societies. Can you locate any such cases with Thomas Malthus, David Ricardo, and Karl Marx?
When did mortgage default and housing foreclosure rates begin to rise rapidly? When did the economy go into recession? Was there a causal relationship between the two? Discuss.
What is disposable income? What does the mpc measure? How do you interpret the mpc? Is the mpc a constant over time? What determines the mpc?
What is the significance of currency devaluations to the home country? What is meant by the concept of "Comparative Advantage"? Could a nation be better off economically, if it practiced an isolation policy?
The level of investment down because of a lack of confidence in the economy. Interest rates are kept artificially low by the Federal Reserve for several years.
South Africa's real GDP was 1,900 billion rand in 2011 and 1,970 billion rand in 2012. South Africa's population was 50.5 million in 2011 and 51.0 million in 2012. Calculate
Illustrate what effect if any will this have on competition with Canadian and US firms. Elucidate extent is your answer industry dependent.
You are the CEO of a firm currently earning $10M/year in economic profits. Your head of marketing comes to you with what she calls a brilliant marketing campaign. The campaign costs $6M, and is a go-big-or-go-home campaign:
We saw in our hawk/dove game that a polymorphic ESS exists with a population of 70 percent hawks and 30 percent doves. But we could consider a mutant phenotype in this game that acts as a hawk 70 percent of the time and a dove 30 percent of the ti..
List the various causes of inflation and determine if they are an injection or a leakage. Justify why you selected injection or leakage.
What are the implications of the automatic stabilizer created by government taxes and spending on the effects of shocks in long-run aggregate supply?.
You are an independent agent of Arrogant Insurance, Inc. (ARI) a stock insurances company. Your agency agreement is just expiring. You have been disappointed with ARI's service and have decided not to work with them any longer and have told ARI th..
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