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"Geography is not destiny"-give one example of how each of the common geographical barriers to growth could be over come. Pick four such common geographical barriers.
Why do recession happen? Understanding the sources of recession has been one of the areas of research in economics. Discuss briefly three such sources.
Suppose you are now 66 and can apply to receive Social Security Retirement Benefit starting this year. You would get (inflation adjusted amount of) $10000/year if you apply this year. Alternatively, you could delay applying for SS benefits until 70 w..
Consider the market for laptop computers. The demand for laptops is Q = 1800 – 3P. Suppose the supply of laptops is given by Q = –200 +2P. What is the equilibrium price of laptops? What is the equilibrium quantity of laptops? What is the price elasti..
The Fed has since ended its quantitative easing policy and has stuck with leaving interest rates at 0%. For the past 6 months the Fed has been toying with the idea of gradually increasing the rates. It has yet to do so even though many "Experts" have..
What price should the firm charge if it wants to maximize its revenue? Over what price range is demand elastic?
In the international environment, it is apparent that China is making large investments in the global financial markets in their shift away from exports. Is there a connection between China's exports and its financial investments in other countries?
In your answer, compare and contrast the ability of each firm to manage their pricing strategy and prevent price arbitrage.
Who are the winners and who are the losers from Japanese wheat subsidies? Why does Japan continue to subsidize its wheat farmers when cheaper wheat is readily available in international markets? Are these subsidies in the best national interests of J..
Carefully explain how the negative price elasticity of demand affect the revenue or profit of an organization?
What is "automatic fiscal policy" and how does it fit Keynesian fiscal policy to stimulate the economy in a recession, in terms of Government spending
There are 2 firms in the yoghurt market, Dannon and Yoplait. They produce yoghurt using milk (M) and capital (K) according to the production function. Compute the short run cost functions of Dannon and Yoplait. Derive the equation of the market short..
In 2015 per capita Real GDP was $22,030 in Sweet Potato Hollow. What was the growth rate from 2014-2015.
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