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What are the shortcomings of GDP as a measure of economic welfare? Discuss 3 other social indicators that can be used with GDP to measure welfare.
Elucidate what is the calculation for a stock with a beta of -03, 07 and 1.6. Show calculations in 3 separate answeres.
Do you think that factory and manufacturing jobs that my family and probably many of yours once had to make a living (and not a zero-hour
(a) Draw a cash flow diagram for this loan and calculate the interest rate. (b) Prepare a one-page presentation to describe this to the class.
Mining is proposed for a wilderness area that provides two benefits: recreation (due to backpacking opportunities) and biodiversity (there are endangered wildlife and plants). What is the present value of mining in the area (excluding effects on recr..
What are the prospects of NAFTA becoming a customs union? Identify the policy changes that would be necessary and the likely political and economic obstacles to those changes taking place. What would be the major benefits and the major costs to deepe..
Describe the equilibrium price and quantity, producer surplus and consumer surplus.
Plot the contour curve when z = 2 and the function g(x) in the x-y plane. What are the values of x that minimize the vertical distance (in the y axis) between the two curves? Explain What are the values of x that maximize the vertical distance (in th..
In which directions are they pushing or pulling the U.S. economy. Also, do you think the gap between real GDP and potential GDP will widen or narrow.
What is the point estimate of the population mean? Develop a 98% confidence interval for the population mean (Use z Distribution Table).
Compare and contrast China and U.S economic performance during the past five years. Please make use of time series data on employment, inflation,GDP, and trade balances. Tables and graphs are strongly encouraged.
Consider the following functions: Qd = -2P + 80 and Qs = P - 10. Further assume that the government has institutes a price floor of $33 in this market. Calculate the amount of consumer and producer surplus in the market before the price floor is put ..
Analyze a two-period model for the market of computers in which two firms operate. Firm 1 only produces in period 1 and is endowed with an old technology providing a quality level vO to consumers.
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