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Assume you are hired by the United Nations Children's Fund as a development economist.
Your assignment is to travel to Nigeria (a resource-rich, yet poverty-stricken country) to write a report about the extent of poverty and propose policies that can help reduce poverty. Your assignment is twofold: (a) to analyze the economic and social reasons why some people of this rich country are poor; and (b) to develop a set of policy measures that could help reduce poverty and improve income distribution.
A construction manager just starting in private practice needs a van to carry crew and equipment. She can lease a used van for $3581 per year, paid at the beginning of each year, in which case maintenance is provide. What is the most she should pay f..
If their account earns 6 percent per year compounded quarterly, how long will it take them to have a total of $20,000 in their savings account?
Acme does not require students to submit a transcript with their applications, the hiring officer believes that high GPAs signal a willingness to work hard.
Determine the optimal number of plants that the firm should have to take full advantage of the market demand. Calculate the firm's profit.
A land development company is considering the purchase of earth-moving equipment. The equipment will have a first cost of $190,000 and a salvage value of $70000 when he company sells it in 10 years. A service contract for maintenance on the equipment..
Suppose the Stimulus package (The American Recovery and Reinvestment ACT of 2009) for $787 was allocated for spending in all 3 components of the AE model of Keynesian Macro model (RGDP = C+I+G); where they spent the bulk of it in G (government expens..
What are Examples of Ethical Relativism in the US and global business practices?
Many economists claim that the property tax is the superior tax for municipal governments. Do you agree or disagree? What are the pros and cons of the property tax? If you were advising a city with respect to the property tax and how much the city sh..
Your employer has asked you to prepare a plan to terminate the health insurance coverage your company provides and move employees to purchase health through the state or federal health insurance exchange (healthcare.gov). Discuss the advantages and d..
A firm faces the demand curve: P = 60 - 0.5Q. What is the point elasticity of demand when Q = 20?
Why would you have made that decision not knowing what was going to happen in the future? How much risk is too much risk?
If exports are greater than imports, would this increase or decrease GDP using the expenditure approach? What does this mean? Explain in words and with a graph what will lead to a decrease in the quantity supplied. Be specific.
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