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Why might foreign aid not reduce poverty of a developing country? Explain Three different reasons based on the foreign aid.
State whether the following characteristics represent monopolistic competition, oligopoly, or both.
What is a subgame-perfect Nash equilibrium proposal of player 1, and what is the resulting outcome of the game?
Using diagrams show what changes in price and quantity would be expected in the following markets under the scenarios given. Also say whether this represents a change in change in demand or change in quantity demanded.
explain the statement that an individual bank has little ability to expand the money supply unless all the other banks
What is happening to the value of the U.S. dollar these days? What causes the value of the U.S. dollar to rise or fall? Who demands U.S. dollar? Who supplies U.S. dollar? When we purchase the German products, our demand for euro is going up or down? ..
The relevant cost index was 120 4 years ago. The cost then for a gas station tank of 1,500 gallons was $40,000. We want to now purchase one size 4,500 gallons but the purchased price cost index is now 300. Assuming a power law size model with exponen..
Suppose a Japanese company discovers a way to split its production process for televisions into two tasks: component production and assembly, and assembly can be offshored to Indonesia. Together, 0.8 units of production labor and 0.2 units of assembl..
If the price increases by 10 percent, by how much does the quantity of household (a) natural gas and (b) electricity change in the short run and in the long run?
We know that the optimal consumption point is where the Indifference Curve is tangent to the budget constraint (i.e., MRS=Relative Price). Why are points along an indifference curve that intersect the budget constraint less than optimal?
Find an article about an event that would cause productivity and costs to change within a single market. What event is altering productivity or costs? Did the event occur in the past, is presently occurring, or may occur in the future?
Explain the unemployment rate in Tappania is higher now than is has been in 50 years. Can both of those statements be true at the same time.
the abc co. is considering a new consumer product. they believe there is a probability of 0.4 that the xyz co. will
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