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Questions:
1. Explain the three factors chosen: energy, natural resources, territorial sovereignty, and national security.
2. Why do other topics, like environmental protection and scientific research, exist in the Arctic and influence great-power competition, the three factors were chosen due to their close connection to geopolitical and strategic considerations and their relationship to the research topic.
3. Explain Energy as a major factor that has influenced how the US, Russia, and China perceive the value of the Arctic.
4. Why Russia has devoted much attention to its Arctic territory, with an emphasis on developing its ability to extract natural resources like natural gas and oil from the seabed.
5. Why Russia's economy is heavily dependent on these natural resources; they have a high stake in ensuring that their own territorial sovereignty and national security interests are protected in the Arctic.
Consider the following statistics for some economies. Assume the exponent on capital 1/3 and that labor composition is unchanged. For each economy compute the growth rate of TFP
1.) What is the current Real Estate Marketplace? 2.) In your view what segment of that marketplace is going to expand?
It is likely that supply curves for labor in individual labor markets are upward sloping. For a firm buying factors of production in a perfectly competitive factor market:
What is nonprice competition? Why is there an emphasis on nonprice competition in oligopoly markets rather than on lowering prices to gain market share? Explain the concept of market power. Why does a monopolist have market power while a perfectly co..
individual industry like education, meat industry, tourism and agriculture. Choose any ONE industry in Australia from this list and discuss the reforms been done in that industry.
Assume that the number of cars arriving at a gas station within 10 minutes has a Poisson distribution with the parameter of 4.
Suppose an oil embargo results in a 20% reduction in the supply of gasoline in the U.S., and the price elasticity of demand for gasoline in the U.S. is .75.
The inverse demand for a homogeneous-product Stackelberg duopoly is P = 20,000 -4Q. The cost structures for the leader and the follower, respectively, are CL(QL) = 2,000QL and CF (QF) = 4,000QF.
China has been growing at a phenomenal rate and recently became the second largest economy in the world. Discuss economic reasons why trade with China (both in terms of importing and exporting) is beneficial to the United States.
1.) What are the ethics of certain food choices?
An insurance company is considering providing fire insurance for $120,000, $100,000, or $80,000 to the owner of a house with a market value of $100,000.
Globalization has depressed wages in western industrialized countries, particularly those for
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