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1. Is there too much rural-to-urban migration in LDCs? Why or why not?
2. In virtually every country, the share of the workforce in agriculture drops sharply as per-capita incomes rise. Why? Is the exodus of people from farms inevitable?
3. How does the migration of labor out of rural areas affect rural development? Why is it hard to answer this question?
4. What is a CGE model, and why are CGE models more commonly used than two-sector models for policy analysis?
Explain how much must government spending increase to eliminate the GDP gap.
The Pristine River has two polluting firms on its banks. Acme Industrial and Creative Chemicals each dump 100 tons of glop into the river each year. The cost of reducing glop emissions per ton equals $75 for Acme and $225 for Creative.
Advocates of small government complain that two proposed government programs will steal the market from small businesses: One program will foster a major increase in the government production of bread; the second will increase the government producti..
Ives LeFancy and Donna Gabbana are two top fashion designers who own stores on Trendy St. Each has to decide whether to present their ‘ready-to-wear’ collection at the Los Angeles Fashion Week (L.A.) or at the New York Fashion Week (N. Y.) (they can ..
Describe how free market features could be introduced to help alleviate the social problem through free market operations of supply and demand. Discuss the risks of introducing market mechanisms of supply and demand in situations where.
Why do externalities arise?
Explain how the velocity of money is likely to change when the following stabilization policies are undertaken. How will this change in velocity affect the impact of the stabilization policy?
Which equation best represents the Taylor rule?
The demand curve for cookies is down word sloping, when the price of cookies is $2, the quantity demanded is 100. If the price rises to $3, what happens to consumer surplus?
1. What should be our position on immigration ? During our history, has immigration had a positive or negative impact on this country? Which of these policies would you favor-Republican or Democrat? Why? Does the Trump approach make us safer?
The timing of an event in a social world, the point at which a profile was activated, the timing of a contest conclusion, and subsequent posting of consumer-generated ads are examples of the time order of events that can be controlled for in:
Analyze a market environment with tacit collusion, including deterrents from entry.2. Evaluate the profitability of entering the market.3. Examine how the time horizon affects the profitability of entering the market.
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