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Name one developing country and determine the country's top five exported and imported products for the most recent year available. In addition, find the country's top five trading partners.
For each country selected, provide:
GDP (You may use the purchase power parity figures.) Per capita GDP GDP growth rates for the past 5 years Percentage of GDP spent on military expenditures Population and population growth rates for past 5 years Human Development Index Rankings -- overall and by category.
Use the following data for a pure monopoly to calculate the firm's-its profit-maximizing output level and produce price;
When 50 employees are used, the average product of labor is 50 and the marginal product of 50th worker is 75.
Explain how might Peterson draw on the insights of new growth theory to draft a position statement ruling out unhindered immigration but proposing greater openness to "targeted immigrants".
Which country is capital abundant according to the Heckscher-Ohlin theorem? Given your answer to (a), draw the PPF for Canada. Also draw the indifference curve and the relative price line for the no-trade equilibrium.
Suppose the following data about the demand for goods and services. All variables are in billions of dollars. Suppose that potential level of output is $12,000 billion. Use the above data to calculate the size of the output gap?
Discusse the impact that trade restrictions such as tariffs and quota have on the price of imports.
Consider a firm selling two different products at two different plants. The cost function for both plants is given by C (q 1 , q 2 ) = q 1 2 + αq 1 q 2 + q 2 2 .
Suppose that the interest rate is determined by; M/P=d1Y-d2i, where P is the price level, Y is real GDP and M/P is real money stock,
Elucidate two reasons a single minimum salary might distort the labor market for teenage workers more than it would the market for adult workers.
the company provides the broker with an infrastructure, such as clerical support, phone services, and office space, and especially for new brokers, a base wage.
Explain why is the depreciation of capital good a cost of society
The Fed should simply raise the money supply at same rate that full employment economy increase, and the government should desist from any stabilizing urges.
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