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Describe the main trends in the return to college degree in industrialized countries over the last 50 years. Comment on how this compares with your findings for trends in the return to college degree in the UK between 2012 and 2018. Review the economics literature on the drivers of these trends. Focus on up to three drivers.
Calculate the annual cost to the entire industry from the closures and calculate the consumer surplus for the number of visitors
Draw an IS-LM-UIP diagram for this economy. If the devaluation is credible, how does the expected exchange rate change? How does the change in the expected exchange rate affect the UIP curve?
Imagine you are working in the DVD rental industry and there is a permanent decline in demand DVD rentals. Do you think the price of renting DVDs rise, fall or stay about the same in the long run, ceteris paribus (assume a perfectly competitive marke..
a five-forces industry analysis provides an overview of the potential profitability of the average firm in an industry
you are considering auctioning a leonardo da vinci original sketch. you entice four bidders to come to your auction.
Suppose Great Britain wants to take a stance on labor standards for imports. The prime minister imposes a blanket standard that requires all imports to meet.
Draw a marginal cost curve and compare it to the marginal product curve above. Explain what you see.
bulls eye department store specializes in the sales of discounted clothing shoes household items etc. similar to the
How do firms contribute to the efficiency of the market economy in ways that 'networks of independent contractors' do not? How are the boundaries of the firm best established?
Assume this distribution is approximately normal. What is the probability that a cardiac patient who regularly participates in sports has a max- imum oxygen uptake of at least 20 ml/kg?
Explain why Marshallian demand curves for normal goods slope down. Are there any values of b for which either cake or bread could be a Giffen good for Marie?
choose one of the following and determine whether there is correct usage of the terms demand quantity demanded supply
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