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In many Sub-Saharan African countries, girls have lower enrollment rates in secondary schools than do boys. If government policy can provide good schools and encourage girls to take advantage of them,
a. describe two ways in which greater education opportunities for girls could lead to faster economic growth.
b. explain what will happen to potential GDP.
c. explain what will happen to employment. The unemployment levels will decrease since there would be a larger working population.
d. explain what will happen to real wage rate The real wage would decrease since there would be a larger working population. The real wage would increase as productivity increases.
A company in the US develops and patents a technique to produce low cost computer chips: Which account is impacted by this.
Calculate the expected level of demand in a typical market. Indicate the range within which actual demand is expected to fall with 95% confidence.
Think of a business company you recently visited. What motivated producers of all individual iteams in the store to make them and offer them for sale?
Should the controller's argument be accepted if she does not really know much about copier technology. What would it make a difference if the controller were knowledgeable about the pace of change in copier technology.
Explain what is the stance of other developed countries on this issue.
Illustrate what methods does Rakuten use to make it easy for a small or medium size business to use its shopping platform.
Calculate GDP using each of the three approachesb. Calculate the current account surplus and GNP. If the coal producer is instead owned by foreigners, what is GNP?
Describe why the demand curve facing a monopolist is less elastic than one facing a firm that operates in a monopolistically competitive market.
What is the estimated annual profit for a mine producing 21,346 tons per year (which is at 100% capacity) when zinc sells for $1.00 per pound? There are variable costs of $20 million at 100% capacity and fixed costs of $17 million per year.
Government imposes excise taxes on goods which have inelastic demand, such a cigarettes.
Use the aggregate demand-aggregate supply model to illustrate graphically the short-run and long-run impact of this decline on output and prices.
Assume that the Federal Reserve acts to low interest values. How this will affect the United States economy?
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