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1. How is financial depth measured? Describe the policies that can promote financial deepening.
2. What steps do LDCs need to take to reform their financial systems?
3. What do micro finance institutions do? What role can they play in reducing poverty?
4. What are some of the distinct features of the Grameen bank? Discuss with respect to peer group selection, interest rates, repayment, social role.
5. Discuss the main differences in fiscal policy in DC and LDCs. (Tax rates, types of taxes, spending issues etc)
6. Why is inflation a tax?
She tells her friend that the additional utility she would get from the second pair of sneakers is the same as the additional utility she would get from the fifth sweater.
There are 10,000 identical individuals in the market for medical service X, each with a demand function given by Qdx=12-2Px and 1,000 producers of medical service X each with the function Qsx=20Px. Find the market demand function and the market suppl..
Why does the substitution bias cause the consumer price index to overstate inflation and the cost of living?
How monetary policy affects interest rates and aggregate demand. Analyze how fiscal policy affects interest rates and aggregate demand. Evaluate why policymakers face short-run trade-off between inflation and unemployment.
The newsletter is aimed at informing staff, who may not have any knowledge of organisational behaviour, of topics that are relevant to current workplaces.
A monopolist faces a demand curve Q = -0.5P + 500, and has a total cost function . TC(yf)=3y^2f+40000. Find the profit maximizing price, quantity and profit. Draw a picture showing the producer and consumer surplus in this market. Calculate the monop..
q1. 1. suppose mpc is 0.8 initially. households then change their behavior so that the mpc falls to 0.75. what happens
Consider that two drugs are available for the management of diabetic patients. The first, drug, the current practice, costs $12,000 over 15 years. The new drug costs $7,500 over 15 years. The outcome measure, quality adjusted life years (QALY) with t..
In 2010, and 2011, the government of Greece risked defaulting on its debt due to a severe budget crisis. Using bond market graphs as shown in class show the effect on the risk premium between U.S. Treasury debt and comparable maturity Greek debt. Ple..
In a group comparison study, the two groups need to be similar in every way except for the variable on which they were selected to differ.
The McNight Company is a major producer of steel. Management estimates that the demand for the company’s steel is given by the equation Qs = 5,000 – 1,000Ps + 0.1I + 100Pa where Qs is steel demand in thousands of tons per year, How much steel will be..
Which of the following is not true about monopolistic competition, compared to monopoly? In the short run, in some industry, the monopolistic competitor earns positive economic profits. In the long run,
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