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Question: Suppose you live in south Africa and have the option to buy proudly south African products or international brands. With refence to the circular flow of goods and services and circular flow of income and spending between households, firms' government and the foreign sector, provide an explanation as to why it is better to purchase the proudly south African products. Also explain the opportunity costs of buying international items instead of those produced locally.
A consultant has told the city that traffic is expected to grow at a continuous rate of 5% per year for the next 4 years. How much traffic will be expected.
The graph below, with the market wage (W) and the shadow wage (W*) on the vertical axis and hours of market work (Hw) on the horizontal axis, is meant to represent the labor supply situation of two different women with identical preferences but with ..
Let x be the last element that was inserted. For each element in the heap, explain why it might be x, or why it cannot be.
Demand: P= 50-QD and Supply: P= 25+QS Assume that the government levied a 25% tax on the suppliers of mangoes. Illustrate graphically the different economics effects of the tax. CALCULATE AND COMPUTE THE DEADWEIGHT LOSS AND TAX BURDEN.
A corporation's policy manual states: "Our company's policy is to use 12%, which is our cost of capital, as the discount rate for NPV calculations
Which type of discrimination is easier to address legally—demand side or institutional?
q1. hillary proposes instead that she specialize in making clothing i.e. shell do all the clothing production for the
What is Pharmecology's current stock price? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
To pay for college you took out 1000 gov loan that makes you pay $126 per year for 25 years. However, you don’t make payments till graduation which is two years from now. Why is the YTM necessarily less than 12% (this is the yield to maturity on a no..
Change is a constant factor in both in our personal and work lives. There seems to be resistance to change whether the change will be good or bad. Why do people resist change?
What are the strengths and laws of a program like Bill Clinton’s (proposed) “Hope Scholarships,” in which students take out a loan and pay it back based on future income? (I.e. you take a loan out for $40,000 and promise to pay 10% of your salary for..
Use the classical theory of distribution to predict the impact on the real wage and the real rental price of capital of each of the following events. A technological advancement improve the production function
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