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How does the shift from emphasizing economic growth to emphasizing economic development alter the choice of growth strategy? What sort of strategy may be pursued in each case? Comment on the pros and cons of each strategy. Hint: What does development include as an objective that growth does not?
Compare economic performance in an oligopolistic market with that in a purely competitive one. Is oligoploy the best market structure for rapid technological development? Why or why not?
Discuss the connection between the OECD "urging Australia to begin increasing official interest rates' and this how can
What are the effects (both short-run and medium-run) of the following changes in the Solow model of economic growth:
Explain how much business CPI does abroad, the firm would expose 5 to 20 percent of revenue to currency fluctuations.
Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one cup of coffee, one donut, and one newspaper. In year one, the basket costs $8.00.
Consider the theory of liquidity preference. How does it help explain the downward slope of the aggregate-demand curve?
Between 2000 and 2009, several industrial nations, including Germany, Japan, Austria, Spain, Italy, Sweden, and Greece experienced a contraction of their working populations. This trend is expected to continue in the coming decade. How will it affect..
What are barriers to entry? How do they relate to the creation of potential long-run monopoly profits? Provide an example of a barrier that can lead to monopoly. Is it possible for an industry that is currently a monopoly to become a competitive mark..
A food producer has two processing plants, P1 and P2, in New South Wales. The producer operates 5 days a week. The cost of running plant P1 is $3000 per day.
Compare he rates of core and headline inflation for the most recent months and the past year
Social Security and Medicare are in financial trouble. The money will run out for the future generations if something is not done shortly. In detail, explain how you would save both systems for the future generation.
These panels will have a capacity of 500 kw, have a life expectancy of 20 years and suppose the discount rate is 10%.
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