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Q. Read through the Budget Speech presented by the Minister of Finance on 22 February 2012. Explain in detail whether the element of the Budget Speech succeeds in contributing to the simultaneous achievement of fiscal sustainability and sustainable development in South Africa. Make use of examples from the Speech to substantiate your discussion. Also, clearly define what is meant by human capital investment, fiscal sustainability and sustainable development in your discussion. Comment on the current state of human development in South Africa. (Inclusion of recent statistics with regard to the above is very important). Which fiscal balance is likely to be influenced (and Explain how) by treating human capital investments the same as physical capital investments?
All costs of exhibiting movies are fixed except for the $3.50 royalty payment you must make to the film distributor for each ticket sold.
A state government wants to provide incentives for single parents to enter the labor market and become engaged.
Does the production technology exhibit increasing/decreasing/constant returns to scale.
Select the most serious disadvantage of globalization (in your opinion) and make at least one recommendation
Will price be lower or higher as such an agreement in long-run equilibrium than would be the case if firms didn't collude.
Elucidate the common kinked-demand model. In the oligopolist's marginal-revenue curve, elucidate the reason for gap. In this model explain how does price rigidity in oligopoly.
James earned $10,000 in income in his new job in Nova Scotia after the move and his employer paid him $1,000 specifically to cover the cost of the move, but doesn't specify what it can be used for.
A competitive advantage furthermore earns a life span income of $6 million moreover the non-steroid user earns $1 million.
What happens to the demand for Sara's sweatshirts in long run. In long run, what happens to Sara's economic profit.
Sheila budgets $9 per week for her morning coffee with milk. She likes it only if it is prepared with 4 parts of coffee and 1 part milk.
Specify the set of mutually beneficial allocations relative to the initial endowment and illustrate the set.
The trade or business of manufacturing dolls and accessories
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