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Question: Suppose Nation B has 9,850 labor hours each year to produce burgers and fries. Burgers take 14 hours to produce each, and fries take 5 hours to produce each. Suppose Nation B also sees a sudden surge in working-age immigrants, leading to 43% higher labor hours each year.
What is the maximum number of fries is Nation B able to produce in a year after this surge of immigration? Round your answer to one place after the decimal point (0.1).
Aztec depends heavily on advertising to sell its products. Management at Aztec is allowed to spend $2 million monthly on advertising-What is Aztec's elasticity of demand for advertising?
With respect to the use of information technology, is Principal focusing on and above-the-line or below-the-line initiative? Perhaps a combination of both? Justify your answer. Within the context of the RGT framework, what is Principal's focus?
How would you characterize in general the linkage between conflicts and development? What are the key channels involved here?
Explain The Role of NGOs in economic & social development in an Emerging Market region. In discussing chosen topic should focus on developments inregion Africa.
Sketch a graph of demand and supply curves that shows the effect of an increase in rainfall on the equilibrium price and quantity of corn. Do price and quantity increase or decrease?
Income Inequality. Should the Federal government foster a more equal distribution of income? If so, why? If so, how? If not, why not?
What are the expansionary and contractionary fiscal policies? What are their policy instruments? How are they used to deal with the inflationary gap?
Briefly explain the tools that governments have to move the economy from either a recessionary or expansionary gap to the long run equilibrium level.
Suppose production of this good provides an external benefit of $10 for each unit produced. What is the efficient quantity in this market? How might the government respond to correct this market failure?
Decide if the following statement is true or false, and explain your choice
(A) Monetary and Fiscal policy is effective or not effective when the investment is an interest inelastic, Draw, and Explain.
"Behavioral bias is emotional bias and its not correct pure rational behavioral is process of economic decision making today i will decide as per economic condition not as per emotions"
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