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For five countries of your choice, collect the GDP per capita from unstats.un.org (any year and countries you like where all the data is available).
1. Collect the PPP (purchasing power parity) adjusted GDP per capita.2. Use the Big Mac Index (just make an internet search for this) to adjust your nominal incomes.3. PPP and Big Mac Index are essentially price indices. Define what a price index is. How do the GDP per capita change after accounting for price indices? Why is it important to use price index adjustments?
Disposable personal income equals personal income and two factors are the keys to determining labour productivity
The 2001 recession ended in November 2001, but the perception of "bad economic times" lingered into 2002 and 2003. What evidence do these graphs provide concerning the lingering perception of a recession.
A university registrar who uses her experience with university admissions along with your high school grades, application essays, letters of recommendation.
Identify your fixed and variable costs at your fast food restaurant, and explain the changes to each of these costs, given the increased demand.
Susie's boss offers her $100 to come to work instead. In considering what to do, which of the above would be considered a sunk cost.
One of the three ADM executives was actually an informant who tipped off the Feds about this conspiracy. Which executive was he. Why did he rat out his co-workers.
Suppose at the current level of labor used, the MRP = $100 and the MFC = $50. Elucidate the maximize profits
The overall effectiveness of the organ procurement system in the United States. What are its strengths and weaknesses.
Someone proposes to buy the farm from you for $1 million. Would you make more by selling the farm or keeping it
A county is considering using a piece of park land for one of two alternative recreation projects.
Numerous times in the lectures labelling the vertical axis as euro per $ and the initial supply and demand curves labelled with 12/07, Label this initial point as point A.
Research where you would find the U.S. international trade policies and their history as they apply to various industries.
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