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Question - From the article "The Economic Quandary of Pakistan: Following the Footsteps of Sri Lanka?" and "The Deep Roots of Sri Lanka's Economic Crisis". Answer the following questions.
1. How Sri Lanka got into the current magnitude of economic crisis? How the country's economic history contributed to the current crisis?
2. Explain why or why not, it can be said that Pakistan is 'following the footsteps of Sri Lanka'?
a. What is the equation for demand? What is the equation for supply? b. At a price of $9, what is the price elasticity of demand? What is it at price of $12?
1. A.) For the US, find the most current: - Annual Real GDP - Annual real GDP growth rates for the past 5 years
What was the rationale for building aggregate demand-aggregate supply model while aggregate expenditures model was already available to study the macroeconomy?
Suppose we have a working age population is equal to 100 million. If the number of employed is equal to 60 million and the number of unemployed is equal to 3 million, what is the labor force participation rate?
You deposit today $1500 in an account that pays 1.7% per year. For the next few years you will keep making deposits 8.4% larger than the previous one. What will be the balance on the account after 6 deposits?
What think is the best way to analyse the situation - including choice of theory and sources of evidence, what type of findings you expect and what potential applications you expect there to be.
What gives interest groups their power? In other words, what are their most important resources they possess that enable them to exercise influence? What kinds of activities do they engage in? Are interest groups good or bad for democracy? Why?
Describe the limitations of fiscal and monetary policies in achieving their intended goals. How might they not work as intended? Increasing/decreasing taxes
What would have been the maximum possible difference between the interest rates on six-month lira and DM deposits? On three-month deposits? Do the answers surprise you?
The organization you wish to pursue will convert existing hybrid Toyota Prius automobiles to plug-in hybrid vehicles.
Identify an image from popular culture, fine art, advertising, television, or the internet that exhibits characteristics of propaganda as defined in the lecture.
Assume the United States economy is macroeconomic equilibrium at full employment, when it experiences a technology
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