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Please elaborate on the relationship between post-secondary education/ skilled labour and positive economic growth. Are there any examples of higher education effectively helping the economy?
suppose that an individual is willing to substitute pepperoni for anchovies at a constant rate on a pizza,what type of goods are inbolved? construct an indifference map that is consistent with preferences for these goods and show the relvant pr..
GM entered the Chinese market at a time when demand was very limited. Why? What was the strategic rational? Why did GM enter through a joint venture with SAIC? What are the benefits of this approach? What are the potential risks here? Why did GM not ..
Suppose regression of y on x with a sample of size 37 yields 2 R = 0.4. What is the correlation coefficient between y and x?
The Texas Tech alumni association is interested in starting a new scholarship fund for incoming students. Each scholarship will be $500 and they anticipate funding 10 students each year. All scholarships are awarded at the end of the year. The organi..
Gross private domestic investment = 40 Government purchases of goods and services = 30 Gross national product (GNP) = 200 Current accoimt balance = -20 Taxes = 60 Government transfer payments to the domestic private sector = 25 Interest payments from..
How about if the test comes back positive (the test says "disease") -- how likely is he to actually have disease D then?
An on-line retailer sells 12,000 pairs of shoes each month. A pair of shoes costs $50 on average, and the retailer incurs an annual inventory carrying rate of 52 percent. For what value of fixed cost per order would an order size of 8,000 units per r..
A struggling company currently has a total value of $700,000. It owes $500,000 from debt financing (assume these are loans from the bank if you wish). The value of the company to the owners is the difference between the total value and the amount owe..
Illustrate what does it imply about actual price level relative to expected price level. Illustrate what must happen to real and nominal wages in order to close a contractionary gap.
Suppose that pizza is a normal good. Suppose further that all pizza workers earn the minimum wage. What would happen to the equilibrium price and quantity of pizzas sold if income rises at the same time that the minimum wage rises? Explain.
At this level of pollution, what is the marginal cost of pollution control.
Suppose the U.S. and Mexico both produce 2 goods, tablets and cereal, using 2 inputs, capital (K) and labor (L). The production of tablets is capital-intensive, and that of cereal is labor-intensive.
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