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If the scarcity of administrative capabilities is a serious constraint on development policy implementation, what can developing countries do to relieve this constraint? What are the options? Discuss.
If the interest rate is 30% which profession should he choose?
Identify an example of a statistical research finding in a mainstream media outlet (newspaper, magazine, broadcast television, etc.) and then locate the actual study or peer-reviewed journal article that served as the basis of that media report.
Compare the work incentives of the wage subsidy and the negative income tax for the entire income distribution. Use a diagram and explain.
Two firms currently produce the goods q1and q2separately. Their cost functions are C(q1) =25 + q1, and C(q2) = 35 + 2q2. By merging, they can produce the two goods jointly with costs described by the cost function C(q1, q2) = 45 + q1+ q2.
What is the sign of the correlation between yt and yt-1? How about the sign of the correlation between yt and yt-2? between yt and yt-3? Do you see a pattern
Bridget has a limited income and consumes only wine and cheese; her current consumption choice is four bottles of wine and 10 pounds of cheese. The price of wine is $10 per bottle, and the price of cheese is $4 per pound.
XYZ Corporation is a manufacturer of widgets. Over the past several months, it has been selling its widgets for $100 each and unit sales have averaged 5,000 units per month. This month its competitor, ABC, Inc. raised the price of its widgets from..
Corporate orders generate an avg. contribution of $100 per coat. Firm K has just recieved and unexpected order for up to 300 coats but has unused capacity to produce only 200. One manager recomends delivering 200 coats.
In the Cournot model (see Chapter 5), the revenue destruction effect limits the willingness of firms to expand output. In the Stackelberg model, the firm that moves first produces more than it does in Cournot's model. How does moving first reduce ..
Why do you think it is important for students to have these skills? How can students be taught to think? Provide at least two examples. Utilize the text and any additional resources to support your response.
Why do some people prefer that the government provide cash payments to the needy instead of in-kind transfers?
What is the relationship between the MPC and the MPS? If the MPC increases, what must happen to the MPS? How is the MPC related to the consumption function? How is the MPS related to the saving function?
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