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Assignemnt: Pillars of a Competative Economy
1. Summarize the twelve main pillars of a competitive economy at a global level.
2. Analyze the twelve pillars and its scale.according to the Global Competitiveness Report 2016-2017. Use two additional sources of references and at leat five concepts (for example, Microeconomics, Macroeconomics, Foreign Investments, Tariffs, International Money Fund, WTO organization, or others.
3. Support Points:
• What is the country's GDP? Per Capita GDP?• Labor markets - Is the workforce efficiently producing products and services that consumers want or need? • What laws help in implementing?• Education• Inversion (internal /external)• What type of structural organization is there?
Oligopolists are interdependent firms. What is mean by that Explain "strategic behavior" and relate that to the "Kinked Demand" model of oligopoly. Explain the importance of mergers in oligopolistic markets. Is there much price competition in an ..
Suppose a firm is attempting to maximize profits. If the firm increases production from 10 units to 11 units, and the market price is $20 per unit, total revenue for 11 units is: A. $20. B. $200. C. $220.
What is economic efficiency? Why do economists define efficiency in this way? What other points in the chapter did you find interesting?
What were the arguments by the rational expectation monetarists on the Philip's curve?
With base year 2002, the CPI in 2011 and 2012 were 240 and 250, respectively. If a flat screen TV cost $1164 in 2011 and $1200 in 2012, was the flat screen TV more expensive in 2012?
As an economy increase and productivity grow, real wages tend to rise - people get richer on aggregate. Real wage growth implies that people are able to buy more of the services that are in basket of goods.
1. The slope of the total product curve is: 2. Marginal product, mathematically, is the slope of the:
The problem is from Economics and the problem deals with how the Kuwaiti economy was stabilized by the fiscal and monetary policies taken by the Kuwaiti government.
Expalin why did not Keynesian theory provide successful solutions to the German economy where unemployment currently around 14%.
What are the market inefficiencies the price controls measures such as price ceilings and price floors create? Why do price ceilings and price floors lead to productive and allocative (marketing) inefficiency?
some have argued that higher cigarette prices do not deter smoking. while there are many arguments both for and against
From the perspective of any individual in this population, what is the reduction in the probability of their death in any year from this policy? (Assume everyone in the population uses the road equally. In reality, the fact that this is not true m..
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