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Question: Below is a partial table of the OECD's 2004 ranking of member countries based on their GDP per capita. Compute the ratio of GNI to GDP in each case. What does this imply about net factor income from abroad in each country? Compute the GNI rankings of these countries. Are there any major differences between the GDP and GNI rankings? What do these differences imply? Indicate?
You are the manager of Taurus Technologies, and your sole competitor is Spyder Technologies. The two firms' products are viewed as identical by most consumers. The relevant cost functions are C(Qi) = 4Qi, and the inverse market demand curve for th..
Why might the benefits of monopolistic competition outweigh the inefficiencies? Monopolistic competition has higher deadweight loss than monopoly?
If the loan rate cannot be raised, to what level should the CD rate fall for the loan to be approved? Suppose the bank is willing to accept coverage of 95%. Calculate the RAROC value. Should the bank approve the loan? Suppose all the other assumpt..
Describe the balance that you currently seek between career and family life. Do you believe that the mindset of corporate America is conducive to the type of work and family arrangement that would suit you? Explain the major reasons why or why not..
In the US, most workers are eligible for overtime pay if they work more than 40 hours a week. Should US laws be changed to require a shorter work week and longer vacation time?
Put together data on the U.S. real interest rate for 1970-1976, a period that includes the first OPEC oil shock. How did the U.S. real interest rate behave?
Suppose output is below potential output in year 0. Prices that year are given by P0. In year 1 (with the level of potential output unchanged) the Fed stimulates the economy by shifting the aggregate demand curve until it interest the point (P0, Y*) ..
Some workers in the economy are paid a flat salary and some are paid by commission. Which of compensation scheme would require more monitoring by supervisors? In which case do firms have an incentive to pay more than the equilibrium level (as in the ..
Discuss the roles of external economies and knowledge spillovers in shaping comparative advantage and international trade patterns. Introduction, literature survey, theoretical framework, suggested implications and conclusion.
Describe how the federal reserve kept the US from sliding into a deeper recession after.
Where r is the interest rate (assumed constant) and there are no storage costs. For the purposes of this problem, assume that a futures contract is the same as a forward contract.
How would the answer to the problem change? What will happen to the student price under price discrimination if the demand of other adults increases to= 1,800 - 100P? Why?
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