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What is behavioral economics in your own opinion and how does it differ from traditional economic thought?
Define the two waves of globalization. List at least three factors that played a key role in determining the first wave of globalization.
the great recessionexplain what caused the financial crisis of 2007-2009.explain how in the economy could be
The data contained in the following table shows the tradeoffs that occur in an economy that produces only two types of products: pharmaceutical and computer-related technological products. Use the data given in the table to graph the production po..
Is there a parallel among diminishing marginal utility in consumption and diminishing returns in productio.
Illustrate what range of labor input is marginal product smaller than average product. What is happening to average product as employment increases over this range.
Discuss how fiscal and monetary policies can influence economic growth, unemployment, and inflation. Provide your reasoning for your conclusion.
In this equation, P is the price of a taxi trip, and Q is the total quantity of taxi trips supplied by licensed taxi companies. The marginal cost, to a taxi company, of supplying a taxi trip is $18. A taxi company's only ?xed cost is the cost of p..
Using a supply and demand graph, make one shift of wither the supply or demand curve to illustrate the likely result of this action.
Read the article "FDI into Africa on the up" from Ernst and Young and discuss on the following questions by writing 1 and half pages with proper citation with own words. § What is the impact of increasing FDI into Africa on the global economy? § If y..
What was the number of employed persons? What was the unemployment rate? Was this unemployment rate abnormal by historical standards?
Explain how the Central Bank can set the nominal interest rate in the money market. In addition, explain how it can use expansionary monetary policy to boost GDP if the economy is in a recession.
Compare and contrast the Debt Crisis of the 1980's to that of today while giving examples and providing at least 3 to 4 high quality references. Work should be with 3 to 5 pages.
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