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How can infrastructure development from construction projects be used to advance and improve societal interests? As a project manager in a developing country where half the population leaves below $1 a day, what strategies can be implemented to address the poverty alleviation and social improvement.?
Name one drawback to using a risk management approach to solve the "Risk/Benefit Problem" of technology that we discussed in class.
Who was the first administrator-statesman to attempt planning as a means for economic development?
What is likely to be the effect on the current exchange rate if the interest rate on the 60 day pound denominated bonds declines to 8 percent, and the dollar interest rate and the expected exchange rate are unchanged?
How do you feel about the high decrease in private investment? Even if the government spends more to stimulate the economy, if the margin of disposable income is not there the ability to invest, especially for small businesses, declines.
Which of the following pairs illustrates the two extreme examples of market structures? Why? Of the total income earned in the U.S economy, approximately: Why?
If there is too much deflation: A liquidity trap arises when:
(a) What is your profit maximizing use of labor and capital? Clearly show your steps and calculations. (b) What is your economic profit or loss?
Financial intermediaries, such as banks, that “stand between” savers and investors serve an important purpose by: having a comparative advantage to evaluate the quality of borrowers at a much higher cost and with lesser outcomes than individual saver..
A rise in the price level that leads to a change in the interest rate, and therefore to a change in the quantity of aggregate demand, will cause:
What is cross elasticity of demand? How can it be used to tell if goods are substitutes for each other or complementary to each other? What is the rationing function of prices? Should health care be subject to this type of rationing? Be sure to comme..
John has a factory that produces paper and as a side product some chemicals are thrown into the water: one unit of the pollutant per unit of paper. The marginal benefit to John of producing paper is given by MB = 10 - Q. The marginal cost is given by..
Illustrate what is the best measure of economic well being of individuals in society.
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