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1.) How can we best measure inequality and poverty?
2.) Who are the poor, and what are their economic characteristics?
3.) What is it about extreme inequality that is so harmful to economic development?
4.) What kinds of policies are required to reduce the magnitude and extent of absolute poverty?
What are the reasons that the innovations implemented by the new CEO failed
Use “John Maynard Keynes – capitalism faces its challenge,” in Big Three in Economics by Skousen as your resource to answer the following questions: What was the economic context in which Keynes was writing? How did that affect his economic views?
Explain the difference between managerial functions and managerial skills. What is significant about both with regard to a manager's job?
The flow rate of a pipe, found by dividing the volume of water that leaves the pipe in cubic yards during a period of time measured in hours.
Suppose that you are the owner and operator of a perfectly competitive firm with the following total cost function.
Barbara’s utility for 2 goods X and Y is given by U(x, y) = x^0.6y^0.4. Let I denote income and px and py denote the prices of good X and Y respectively. What is Barbara’s gain in consumer surplus if price of good X decreases from $20 to $15
How an investor chooses the best portfolio of stock to hold?
Why is GDP not the best measure of standard of living? What other factors should be considered when one determines a country's standard of living relative to ot
Suppose that trade off between work N and leisure L for a constant level of utility of 200 is expressed as u(n, L) = NL or 200= NL the budget constraint is l =24-w/P)N for a wage rate of w/P=4 determine the number of our devoted to work and leisure
Explain the difference between input costs and output costs?
How is superior theory of comparative advantage of David Rivardo to the theory of absolute advantage Adam Smith? How the gains from comparative advantages emerge?
Name some reasons why Anne Moody joined the Civil Rights Movement.
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