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Suppose India has a per capita GDP that is .074 times the United States GDP. It has a capital-per-person ratio that is .035 times that of the United States. Compared to the United States, the implied value of total factor productivity for India is approximately?
You are designing a new network for the Acme Corporation. You expect to have a lot of sales over the Internet. How many servers do you think you will need, what hardware requirements should you use
Economic forecasters predicted that consumption also GDP would increase because of higher refunds on income taxes.
The U.S. trade deficit is currently running over $50 billion per month. Explain why this is bad for the country in the long run. Compare the view of the older GATT treaty, and more recently, the World Trade Organization, of how trade deficits sho..
Consider the following production functionY = F(K, L) = A[αKρ + (1 - α)Lρ]1ρ ,where K stands for capital and L for labor. (b) Find and expression for output per capita in terms of capital per capita.
a. What were the main causes for the financial crisis that hit the world economy in 2007- 2008 b. What caused the European debt crisis Brieáy discuss the situations in Greece, Ireland, Spain and Portugal - what are the main problems in these econo..
We won't sell these products on both regions and you can't transport the product each other. find the equilibrium price,equilibrium quantity,shortage and surplus of goods on one by one.
The invisible hand theory which essentially says, people through pursuing their own economic self interest, help allocate resources in the economy as if an invisible hand is at work to do so.
market failure poverty and income inequalitylisted below are several summary statements from the 2010 census reportthe
Elucidate the impact of globalization on domestic governance. Identify and explicate at least three significant factors requiring domestic changes.
Some chains are requiring private owners or franchisees to make upgrades in their hotels, but they are having a difficult time enforcing the policy.
Think about one choice you made in the past several days and explain how this could be analyzed using economics concepts such as tradeoffs, opportunity costs, and marginal analysis
The XYZ Corporation is planning to purchase an extruder. Thepurchase price of the extruder is $350,000. The company plans tomake a down payment of 25% of the first cost of the extruder and tomake a 7-year, 10%, yearly payment loan
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