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1) What is the public education?
2) What is a knowledge based economy?
3) What is a learning society?
Also identify and discuss the flows that are created when Government enters the circular flow.
(All numbers in the thousands) In May 2015, the civilian non-institutional population was 250,455. The number of employed workers was 148,795. The number of unemployed workers was 8,674. The number not in the labor force is 92,986. What was the unemp..
Suppose a town is interested in providing a public good, crime prevention, to a community. There are two people who live in this community Sam and Sara. Sam's demand curve for crime prevention is given by q(Sam)= 100-2p and Sara's demand for crime pr..
q.illustrate the effect on the marketplace for a hr. of babysitting services 30 yrs into the future when children born
Consider an economy described by the production function: Y = F (K, L ) = K^(2/3)L^(1/3). Find the per worker production function. Find the steady-state capital stock per worker as a function of the savings, population growth, rate of technological c..
What is the infant industry argument for protectionism? Is the argument rational or an irrational appeal to emotion? Think carefully about why a country would wish to have particular industries located within their own borders
How will commercial airlines respond to the threat of new $27,500 fines for keeping passengers on the tarmac for more than 3 hours? What inefficiency will this create? I recently sold my used car. If no new production occurred for this transaction, h..
Use the Mundell-Fleming model to try to understand the basis for this criticism and show a possible policy that Germany might pursue that could have a beneficial impact on another member country of the euro zone. how do the equation(s) of the model (..
An economist has estimated the demand for cable television services in Eastern Pennsylvania, and has found the following elasticities: If the cable television company wants to increase revenues, it should increase price.
With regard to global warming policy, describe, in a short paragraph, the importance of: Discounted costs and benefits. Public goods. We also discussed similarities between solutions, or potential solutions, to overfishing and global warming. describ..
The currency-deposit ratio has been and is likely to remain relatively stable. The ratio of non-transactions deposits to transactions deposits increased by a factor.
In terms of data types and their uses, which one of the following is NOT correct? The TEXT data type can be used for Last Name. The Date/Time data type can be used for 10/31/2012. The Currency data type can be used for Account balance. The AutoNumber..
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