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What are the major factors that contributed to productivity gains in agriculture in Asia in the past 25 years? Is the rate of growth of the agricultural sector likely to slow down or accelerate? Reflect on how these factors are likely to change in the future.
Using the Keynesian cross, if autonomous consumption is $200, government spending and taxes are $300, investment is $100, net exports is $100.
Daniel, a recent college graduate, is on his way home for the Christmas holidays from his new job. He gets caught in a snowstorm and is taken in by an elderly couple, who provide him with food and shelter. After the snowplows have cleared the roads, ..
Consider the problem of too much garbage in the US. In Albert's home town, the demand for garbagecollection per bag is q^d = 2000 - 100p. It costs the city $2 for each bag it picks up (MC = $2). However,the town does not charge its residents for each..
How would you evaluate monetary policy and fiscal policy today? Is monetary policy contradictory with fiscal policy? Why or Why not? Support your analysis with examples.
long-run real interest rates are expected to increase. An accountant and an MBA student (who just finished his course of Managerial economics) were interviewed regarding the effect on the firm they both work at. Keeping all else constant their answer..
This graph shows an aggregate demand curve and an aggregate supply curve for an economy with no exports or imports. Adjust the position of one or both curves to elucidate graphically the scenario described.
What major features of a business are important for understanding the role of information systems?
Suppose that demand for a product is given by Q=1000-P. Supply of the product is given by Q=2P. There is a positive consumption externality from this product, in the amount of $5 per unit. What quantity of the good is consumed under the private marke..
If inventories unexpectedly rise then production _____ sales and firms will respond by______
Discuss the modifications and considerations for testing and exercise prescription for persons with heart disease, obesity, diabetes and pulmonary disease.
Assume the demand for teachers (Ld) in a school is given by the following equation: W = 1700 - 2LD and the supply of teachers (LS)
Would you rather live in a period of inflation (plentiful jobs but hugely inflated prices, loss of value for the dollar) or deflation.
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