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Chasing the dragon! Compare the economies of India and China today. What are their GDP per capita and their economic growth rates? What has caused the rapid expansion of Chinese economy compare to India for past 30 years? What are the important factors distinguishing these two economies from population growth, human capital, political systems etc. What the future holds?
You are an economic advisor to a new leader of a country that is trying to transition from a command-and-control economy to a market-based economy. Would you advise "gradualism" or "shock therapy"? Refer to historical examples from Commanding Heights..
A chemical company determined the need for a chemical additive that will improve their product by 20%. The company’s CEO arranged to purchase the additive through a 5-year contract at $7,000 per year, starting 1 year from now. He expects the annual p..
You recently hired an economist to work with engineering also operations experts to estimate the production function for a particular line of office chairs.
If aliens come and take a large percentage of our cows what happens in the market for synthetic leather baseball gloves? (Assume a normal competitive market)(Show the graph, label all relevant points, and explain what happens to price and quantity. E..
Why is there a social cost to monopoly power? If the gains to producers from monopoly power could be redistributed to consumers, would the social cost of monopoly power be eliminated? Explain briefly.
What is the present worth of $500.00 in month 1, $510.00 in month 2, and amounts increasing by $10 per month through month 36, if the intrest rate is 15% per year compounded continuously?
The present value of a dollar rises as
Tapscott believes that social media is becoming social production and that the Internet is a global supercomputer--every time people upload content to this supercomputer, it becomes more powerful as the new content becomes part of a global collect..
Assessment of the foreign policies of the Nixon/Ford Administrations and comparison of those with foreign policy in the Carter Administration. Be careful to examine the policies of détente and human rights by evaluation of the overall approaches as w..
q1. what does monumental architecture imply about the cultural values and the socio-economic-political organization of
Illustrate what level of control variable are net benefits maximized. Illustrate what is relation between marginal benefit and marginal cost at this level of control variable.
What is the difference between quantity supplied of bonds and a supply of bonds? First, use your own words to describe this difference and then illustrate the difference using two separate, properly labeled graphs (keep in mind that each of them will..
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