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According to economic growth theory, the level of the GDP and the rate of the real GDP growth rate have different economic implications about the economic well-being of a country. If you are given the options, would you rather live in a nation with a high level of GDP and a low growth rate or in a nation with a low level of GDP and a high growth rate? Why?
Economists consider education as an investment that has both private and social benefits. Education is also the major source of human capital, which is the most important form of capital for the long term economic growth. What is the opportunity cost of investing in human capital? Do you think a country can "overinvest" in human capital? What is the opportunity cost of attending college? Explain.
Describe the intervention and detail its history. Analyze the arguments for government intervention as opposed to arguments for market-based solutions. Hint: See the information in our course textbook on market failures.
Research and critically analyse the option that HSBC have for total rewards (remuneration) in the new locations. Consider, recommend and justify (using relevant IHRM academic theory) the optimum mix of PCN, HCN and TCN staffing. Use only reputable..
What does this imply about the current versus future expected exchange rate (for the Australian and Canadian dollars)? Explain.
From the scenario for Katrina's Candies, determine the appropriate type of market structure for the situation in question. Cite at least four (4) defining characteristics that have helped you reach this decision regarding the appropriateness of th..
What is the relationship between the change in price and total expenditures for an elastic demand curve?
After World War II, the United States experienced a "baby boom" as birthrates rose dramatically between 1946-1964. Lower birthrates after 1965 mean that the now aging baby boom generation is larger than the generations before and after it. What effec..
The text argues that the greater the importance of an item in consumer budgets, the greater its elasticity. Health-care costs account for a relatively large share of household budgets. How could the price elasticity of demand for health care be suc..
Economists often view life cycle variation in income as one form of transitory variation in income around people's lifetime or permanent, income.
Two articles Fed Official Expects Growth also Are Inflation Expectations Rising from the Ashes. Illustrate what exactly is the Federal Reserve.
a. Calculate the equilibrium level of income or real GDP for this economy. b. What happens to equilibrium Y if G changes to 20? What does this outcome reveal about the size of the multiplier? What does this outcome reveal about the impact of..
Illustrate what measures can the Indian government, international organizations, the mulitinationals take to help the industry revive.
Explain the process of revenue at NSU, focusing on the relationship between the increased revenue from students enrolling at NSU despite the higher tuition and the lost revenue from possible lower enrollment.
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