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What factors might contribute to low or high growth rates in a country? How can sustainable long-run economic growth rate be realized? What are the roles of the government in achieving sustainable long-run economic growth?
Why resources are no longer the most important indicators of economic growth disparity among countries? Which other economic and non-economic factors do you think explain the reasons behind growth disparities among countries?
What is the relationship between economic growth rate and unemployment rate?
Using graphs illustrate the effect of increased tariffs for imported steel in the domestic product market for steel and the domestic labor market for steel workers. Using your graphs, indicate the cost to consumers of each job saved in the steel indu..
Which of the following is NOT an example of consumer behavior consistent with the standard assumptions of microeconomic theory?
What is the duopoly Cournot equilibrium - that is, the quantities produced by each firm - if the market demand function is q(p) = 1000 - 1000p, and each firm has a cost of $0.28 per unit?
q1. describe how a developingemerging economy can benefit from trade with a wealthy country even if it has no absolute
What are the advantages and disadvantages to a two-stage approach to negotians? Why do most negotiations for globl environmental regimes end up taking a two-stage approach?
q.exercise 1graphically represent on the islmfx diagram the effects of the following cases use a new diagram for each
A firm's demand curve is given by P = 500 - 2Q. The firm's current price is $300 and the firm sells 100 units of output per week. Calculate the firm's marginal revenue at the current price and quantity using the expression for marginal revenue that u..
"Burger King Gets Grilled" (USA Today, August 27, 2014, B1). Define and discuss usage of the HHI index and C4 index and what are two of their limitations (which would be very relevant in this case). Calculate "pseudo" HHI and C4 indices for worldwide..
a fictional survey shows a decrease in drug use by young people in brooklyn. in the ensuing debate two hypotheses for
Using diagrams show what changes in price and quantity would be expected in the following markets under the scenarios given: Crude oil: As petroleum reserves decrease, it becomes more difficult to find and recover crude oil. Hotel rooms in Hawaii: Wo..
The Sterling Corporation makes and sells motorcycles. The total cost of each cycle is the sum of the costs of frames, assembly, and engine. The firm produces its own engines according to the following cost equation: CE = 250,000 + 1,000 q. What is th..
A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer’s demand for the product is Qd = 80 - 0.25P, and the marginal cost of production is $120. Determine the optimal number of units to put in..
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