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ECONOMIST DEBATE
Background This assignment gets you to extract, succinctly communicate, and evaluate essential arguments put forth on both sides of an important issue in econ development.
Requirements Read the moderator's opening remarks and both opening statements for the
Economist Debate on: "Too many people? This house believes that the world would be better off with fewer people." This is available at: https://www.economist.com/debate/days/view/368 In no more than 600 words, (i) identify and concisely describe the key argum made for and against the proposition that "the world would be better off fewer people", and (ii) using economic arguments (as opposed philosophical/ethical arguments), state and justify your opinion on the issue.
Which of the following would be classified as a short-run decision?
Select a model that you have some experience with and determine what types of specification errors you might encounter. Provide examples to support your response. Develop two or three best practices to help mitigate the error(s) you identified above...
For each of the following, state whether it is considered money in the United States. Explain why or why not. The available credit you have on your Master Card. Federal Reserve notes in your wallet. Reserves held by banks at the Federal Reserve Bank.
Your income is $10 and you buy sodas for $1 apiece. One day a local bully starts demanding that you buy him a soda for every soda you buy yourself. Therefore, it now costs you $2 to get a soda. Illustrate the bully’s effect on your budget line. Illus..
The US decision to raise interest rates in the 1970s had ALL of the following results EXCEPT
Suppose that two people, Mary and John each live alone in an isolated region. y each have same resources available and y grow corn and raise pigs. What is John' opportunity cost of producing corn.
Two clinics want to merge. The price elasticity of demand is -0.20, and each clinic has fixed costs of $60,000. One clinic has a volume of 7,200, marginal costs of $60, and a market share of 2 percent. The other clinic has a volume of 10,800, margina..
Using graphical analysis for demand and supply, please show in two graphs how. an improvement in the technology (such as using artificial intelligence programs for diagnosis/interpretations) would affect the healthcare market,
Two identical company's save money from polluting. A company's marginal savings from emitting an amount are given by 10 - 2e. The two firms differ in their impact on ambient pollution concentrations.
The U.S. government bought 112,000 acres of land in south eastern Colorado in 1968 for $17,500,000. The cost of using this land today exclusively for the reintroduction of the black-tailed prairie dog
Write each production function given below in terms of output per person y ≡ Y/L and capital per person k ≡ K/L. Plot these per person versions in a graph with y on the vertical axis and k on the horizontal axis. (You can assume A is a constant posit..
Firms 1 and 2 compete in a Cournot duopoly. If firm 2 adopts a strategy that raises firm 1's marginal cost:
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