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What conclusions does Hanushek draw about the role of quality versus quantity in education and their relationship to economic growth? Where does USA stand and how does he explain US growth performance? What about the future? (additional resource: see the articles by Hanushek under lecture notes)
Mergers and acquisitions are capital budgeting techniques. This technique is a managerial expansion decision to increase assets drawing a cash benefit.
How did the unification of Germany affect the long- term development of Europe?
Bill can paint either two walls or one window frame in one hour. In the same time, Frank can paint either three walls or two window frames.
The task is testing the color-perception abilities of a newly discovered species of monkeys in the South Pacific. What are the steps?
Discuss the relationships between total cost, output, and the price of labor and capital. Provide examples that illustrate how the prices of inputs affect managerial decisions. Consider, in particular, the current market for fuel and its implication ..
Assume the demand being perfectly inelastic, and supply suddenly doubles due to innovative technique of production
Describes how the supply & demand diagram (the theoretical model predictions) could explain the price change discussed in the article.
Why would the government bypass the free market in times of war? Is government rationing a better idea than rationing by price? Give reasons. How does government rationing affect the allocation of resources? Explain.
1. Explain the different elements of property rights. Provide an example of how the US economy infringes on each.
If not, should the firm increase or decrease the amount of capital (labor) used in its production process?
Provide three policy proposals to raise fertility rates. (view of economic)
Most sociologists explain U.S. racial and ethnic inequality using the conflict theory, which blames the system rather than the individual.
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