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China is very fast growing economy today. The GDP/person for China is $3,000, it is growing at 8% per year, on the other side, U.S GDP/ person is 30,000, and it's growing at 4% per year. So how many years does it take for China to surpass U.S? What if U.S GDP/person is growing at 5% per year?
Under what circumstances would the production possibility curve be bowed in towards the origin
If you receive a free ticket to a concert, what, if anything, is your opportunity cost of attending the concert How does your opportunity cost change if miserable weather on the night of the concert requires you to leave much earlier for the conce..
scotti the engineer is contemplating the acquisition of a 2010 sports car. the negotiated price of the car is 36750
Suppose that the consumer spending initially rises by $5 billion for the very 1 percent rise in household wealth and the investment sending usually rises by $20 billion for every 1 percentage point fall in the real interested rate.
what are the expressions for AC's total revenue ,marginal revenue, total cost and marginal cost as a function of output? what is AC's fixed cost and what is the variable cost?
iris considers starting to produce tulip bulbs. her production inputs are labor n expressed in hours and greenhouse
Using indifference curves and budget constraints, show how a government program that increases education and job training for low-skilled women can increase low-skilled female labor force participation over time. Assume everything else about women..
In countries where the monetary system has broken dow, what are some of the alternatives to which people haveresorted to carry out exchange?
Identify the following components for a lesson you might want to teach intended grade level for instruction
The demand for energy in the United States is often described as persistently non-cyclical and not sensitive to prices effects. Describe the effect of each of the following on the demand or supply for gasoline.
problem cost functions.consider a firm with average cost function acy 1y1y.a. what is the firms total cost
The head of the accounting department at a major software manufacturer has asked you to put together a pro forma statement of the company's value under several possible growth scenarios and the assumption that the company’s many divisions will remain..
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