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How does the rate of population growth influence the level of GDP per person? Please describe in one hundred or more words.
If technological change increases structural unemployment, why do most governments and economists encourage such change?
Assuming no change in hours of work, if real output per hour of work increases by 10 percent, what will be the new levels of real GDP in the right column of A Does the new data reflect an increase in aggregate supply or does it indicate a decrease..
Read the mini-case, Delivering Business Value with IT at Hefty Hardware, at the end of Section 1 of your textbook, then complete a well-written paper responding to the two discussion questions at the end of the mini-case.
Describe why the following statement is true: It is possible for average variable cost (AVC) to rise while average total cost (ATC) declines.
Efficiency is a hot topic in the media regarding transportation, energy, and many other industries. Elucidate how perfectly competitive markets use or do not use resources efficiently.
The daily demand for pizzas is Qd = 750 − 25P , where P is the price of a pizza. The daily costs for a pizza company include $50 in fixed costs, and variable costs equal to V C(Q) = Q2/2, where Q is the number of pizzas produced in a day.
Define the issue you plan to explore and explain why it is an important one for your final paper. Also identify the place where your analysis will apply, the U.S., a specific geographic region such as Latin America.
Consider the following game between Sony, a manufacturer of video cassette players, and Columbia Pictures, a movie studio. Each firm must decide whether to use the VHS or Beta format - Sony to make video players, Columbia to release
How gold prices have spiked partially due to the fact that the Federal Reserve would consider buying more Treasury Bonds to fuel the economy. How would this affect the price of gold?
What is cost-benefit analysis? Give an example of howcost-benefit analysis can be used in air pollution control.
Construct a capital stock series which will be used in to preform a growth accounting exercise and in the second exercise you will preform a grown accounting exercise in a country of your choosing.
Why is the cost estimate generated by the project team likely to be different from the cost estimate created by senior management?
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