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How are 1) MNCs activities, 2) Global North-South relations, 3) Financial Crises shaping the global economy?
Use the AD/AS model to explain and show the current economic situation. Then suggest a fiscal approach to solve the current economic situation without adding any more debt. The current MPC = .80.
Consider the following distribution of income in a 12 person economy, with the modern urban wage=3, the traditional rural income=1 and the informal urban wage = 2: (1,2,3,1,2,3,1,2,31,2,1). the poverty line is at 1.3. What is the level of absolute po..
Suppose we have the following information about the productivity of two industries in USA and Mexico. The unit labor requirements are given in the following table. Plot production possibilities frontier (PPF) for each country assuming that each count..
In this assignment, you are to estimate a security market line. You have current information about beta and expected annual return.
What is the difference between a change in demand and a change in quantity demanded? Supply and quantity supplied?
Bruce, Colleen, and David are all getting together at Bruce’s house on Friday evening to play their favorite game, Monopoly. They all love to eat sushi while they play. They all know from previous experience that two orders of sushi are just the righ..
The historic disparity between unemployment rates for Black, Hispanic, and White workers. Please explain 3 reasons the Black and Hispanic unemployment rates are always significantly higher than the unemployment rate for Whites.
Suppose that a monopolist sells a product to consumers with an aggregate demand that is downward sloping in quantity, D(Q) = 200 − 2Q. The total cost of producing Q units is C(Q) = 20Q + 2Q2. What are the consumer and producer surpluses (CS and PS) a..
At what price and quantity will this cartel maximize its profit?
Consider the following information for a different country: East Caledonia. In a position of External Balance? Calculate East Caledonia’s current level of Net Unilateral Transfers (net UT). Calculate East Caledonia’s current level of Net Exports of g..
Suppose that trade off between work N and leisure L for a constant level of utility of 200 is expressed as u(n, L) = NL or 200= NL the budget constraint is l =24-w/P)N for a wage rate of w/P=4 determine the number of our devoted to work and leisure
If the united states had negative net exports last year then it
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