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Economics Assignment
Chapter 6
Read Chapter 6 and Case Study 6. Answer Questions for Discussion numbers 9 and 10 based on your chapter readings.
Instructions: Each answer must be 250 to 300 words. Write textbook page numbers at the beginning of each answer.
Case Study
• View on YouTube: India -- Unrestrained Population Growth | Global 3000 (4:56 minutes)
Why Indian families living in rural areas have more children than more affluent families living in urban areas?
• View on YouTube: China's population problem (4:34 minutes)
Was China's one-child policy a necessary evil? Explain two reason for switching to a two-children policy.
Text Book: Economic Development Twelfth Edition By Michael P. Todaro and Stephen C. Smith.
Country A is classified as a high income country with 250 million people in it. The technology base is solid but natural resources (wood, farming, iron, etc.) are somewhat limited.
Give full explanation for your answers, and using a nation that you select for illustration, discuss which companies are likely to gain and which firms are likely to lose from:
1.industrial policy is not efficient because it protects inefficient industries. true false? discuss.2. would an
What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.) What fiscal policies and monetary policies would be appropriate at this time
In the wake of Chairman Ben Bernanke's announcement in November 2010 that the Federal Reserve Board would pump an extra $600 billion into the ailing US economy over the next eight months, China and Germany denounced the Fed's decision.
Determine the equivalent annual revenue in years 1 through 9 at an interest rate of 10% per year and what is the future worth of the savings and Is the cost of the solar project justified by the savings?
Suppose the dollar exchange rates of the euro and the yen are equally variable. The euro, however, tends to depreciate unexpectedly against the dollar when the return on the rest of your wealth is unexpectedly high, while the yen tends to apprecia..
As in class, assume that the capital account is equal to zero, as are capital gains on external wealth. Using the notation we worked with in class and given the assumptions made in problem 2, state the "generic" account (that is, the current accou..
What was the workers' marginal product last year? What is it this year and what is the elasticity of demand for Zamboni air filters?
consider two countries home and foreign each of which produces two goods butter b and guns g using labour and capital.
In 2001, the U.S. government mailed rebate checks in the amount of $300 or $600 to many households. Discuss what would happen if the U.S. government did the same thing today. Would households spend the extra income or use it to pay down debts
Assume that, from an initial equilibrium rank in the offer curve diagram, nation I imposes a tariff on country II's export good at the same time that customers in country II change their tastes toward wanting more of II's export good.
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