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Question: Poverty in Deciallia is measured relatively, with people in the bottom 10 percent of the income distribution being defined as poor. Suppose a politician in Decillia promises to halve the poverty rate in five years. Explain why this could never be achieved given the poverty statistic Decilia uses. Propose an alternative measure of poverty that would allow the politician to achieve that goal.
The 2014 Index of Economic Freedom tracks the level of economic freedom in 186 countries. Economic freedom means that individuals are free to work, produce, consume, and invest in any way they please
Central Foundry wants to use an additive model for choosing its best approach to a particular casting problem. Management has decided that the expected value.
What is meant by constant opportunity costs and increasing opportunity costs? Under what conditions will a country experience constant or increasing costs?
milwaukee surgical supplies inc. sells on terms of 310 net 30. gross sales for the year are 1200000 and the collections
Calculate the real price of butter in 1980 dollars. Has the real price increased/decreased/stayed the same from 1980 to 2000? From 1980 to 2010?
A semiconductor is a key component in your laptop, cellphone, and iPad. The table provides information about the market for semiconductors in Canada.
The inflation rate over a 10 year period for an item that now costs $1000 is shown below Year 1, 10% Year 2, 0% Year 3, 10% Year 4, 0% Year 5, 10% Year 6, 0% Year 7, 10% Year 8, 0% Year 9, 10% Year 10, 0% What will be the cost at the end of year 1..
derive the long-run equilibrium for the dynamic ad-as model. assume there are no shocks to demand or supply t vt 0
How many books should Lucinda publish in order to maximize profits? What price should Lucinda charge for her books in order to maximize profits
The Export-Import Bank helps Boeing by providing various subsides on aircraft sold to foreign countries. Boeing says it needs this help to offset subsidies.
A country has GDP of 10bn pesos and its government has borrowed 1bn pesos of money domestically and $4bn in U.S. dollars. The exchange rate is $1 = 1 peso. Interest rates are 10% on peso denominated debt and 5% on dollar denominated debt. What ..
What will be the effect of the following events on the market for French wine and the quantity consumed? Distinguish between the short-run and the long-run impact.
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