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-Two years ago, what was then the economic performance of the Philippines in terms of GNP, GDP and other economic indicators.
-Describe the Economic performance of the Philippines in terms of of GNP, GDP and other economic indicators during the pandemic period.
Since 1979, low income recipients have been given food stamps without charge. However before 1979, people bought food stamps at a subsidized rate. For example, to get $1 worth of food stamps a household paid about 20? (the exact amount varied by hous..
Select a product you use on a daily basis and discuss the determinants of price elasticity of demand for that product.
The accepted wisdom is that the oil price hikes of the 1970s resulted in global stagflation. It would seem to follow that the drop in oil prices would have the opposite effect on the US economy. Did it or didn’t it? If not, why not? Make sure to look..
Which of the following statements best describes poverty thresholds?
What determines market prices, assuming a competitive market and there are no artificial restrictions in the market? How does the market arrive at an equilibrium?
A college student has been looking for tires and has found the following: Tire Warranty for Tire A is 6 months at a price per tire of $31.59. What is MONTHLY worth/cost of Tire A if we consider annual interest rates are at 10%?
What are the relevant product markets? How concentrated is each market, and who are the competitors? What are the barriers
Suppose a monopolist's demand is given by the function P=25-3Q. Let the total cost of production be 7Q+28 for positive levels of output, and zero otherwise. Illustrate what is the profit maximising output.
According to the BLS, the CPI rose 3.8% in August of this year compared to a year earlier. Food prices rose 4.6% and clothing prices were up 4.2%, while new car prices rose 3.8%, and medical care was up 3.2%. What percentage change in the CPI up unti..
What will be the business and supporting technology strategies behind future businesses? Discuss at least three preferably the ones that support the business yo
1. Compute the unlevered beta of the LCC industry.
A firm just invested $600,000 in a manufacturing process that is estimated to generate annual cash flow of $250,000 for each of the next five years. At the end of year 5, there is no market for the product and no salvage value for the process. If a m..
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