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It may be argued that Japan's explicit promotion of its microchip industry was an excellent example of successful industrial policy. What criteria would you apply to determine whether such a policy is or is not successful? Judging from your own criteria, was Japan's exercise successful? Why or why not? What information would a government require to increase the probability that its industrial policy would promote long-term self-generated economic growth?
Assume the demand function for good X is Qd = 600 - 2PX + 7PR, illustrate what is the demand function for good x. Which investment produces a $40 daily profit for a game shop earning $2 profit from every game sold.
Now? suppose? that? the ?first ?firm? has? a ?capacity ?of ?2 ?and? the? second? firm? has ?a ?capacity ?of ?4.
You complain that the current labor contract specifies a full hour for your lunch break and you still have over 15 minutes left.
How much equity would she have had in the house at the time of its sale.
Compare also contrasts the continuous current account deficits of the U.S. with the continuous current account surpluses of Japan.
Elucidate the role of differentiation in the market for pizza. Then apply the feedback critique to the role of differentiation in the industry.
The economys business cycles are not well synchronized with any of the world's largest economies and policymakers.
Explain the entities affected by industrial regulation in terms of market structure. Explain why industrial regulation affects those entities you identified.
The GDP is a total market value of final goods and services produced within a country over time. Why is this a reflection of this country's cost of living so varied making expenditures.
Assume you just finished your third plateful of Thanks giving dinner also it yielded zero units of additional satisfaction.
What is the social optimum quantity and price. Calculate the total surplus in the market equilibrium, at the social optimum and with the tax.
If there was a capital gain tax of 30 percent, what is the after-tax real interest rate, with the inflation rate of 8 percent.
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