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Which of the following are a set of policies by which a country would pursue import substitution strategy for development? Choose one below.
a) Protection of infant industries, depreciate exchange rate, encourage foreign direct investment.
b) Expand the money supply, increase interest rates, encourage foreign direct investment, pursue free trade policies.
c) Appreciate exchange rate, deficit spend, increase interest rates, enact trade barriers.
d) Protection of infant industries, enact trade barriers, subsidize/nationalize critical industries.
looking at the chart below suggest the kinds of variables that could be used to represent the following factors which
How does the employer mandate help eliminate the problem of adverse selection? Would a single-payer plan, in which everybody is insured through the government, further reduce the problem of adverse selection?
You are required to identify an entrepreneurial opportunity, conceptualize the business concept/model and describe the feasibility of the new venture proposal for a presentation to a group of potential investors
Inputs K, L, R and M cost £10, £6, £15 and £3 respectively per unit. What is the cheapest way of producing an output of 900 units if a firm operates.
A loan of £800 is taken out. What APR is being charged if the monthly payments are.
What is the production level that will maximize the profit for the firm? What is the profit-maximizing price the firm will charge?
Meaning of globalisation. What are the measures towards globalisation? What are the main organisations which facilitate globalisation?
Suppose that there are 100 consumers in the economy with identical preferences over good x and y described by the following utility function.
1) Please explain how the Constitution provides for a system of separation of powers and checks and balances. 2) Describe how a bill becomes a law at the national level.
What is Malthus’ theory of effective demand? What is Malthus’ solution to the problem of general gluts? Describe how Ricardo and Malthus came to different conclusions concerning the Corn Laws.
Suppose that P = 400 - 20Q and that there are 3 firms, each with a marginal cost of 30. Suppose that firms 2 and 3 merge. The merger allows the combined firm to lower its marginal cost to 20. Does the merger lead to a higher or a lower cournot equili..
An improvement in production technology for a specific good will cause a(n):
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