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Economic growth is said to be a necessary but not sufficient condition to eradicate absolute poverty and reduce inequality. What is the reasoning behind this argument?
Suppose that the full employment level of nominal GDP rises in one year from ?$16.2 to ?$17.8 trillion. The? long-run equilibrium price? level, however
In the past year, oil prices have plunged from more than $100/barrel to less than $50/barrel. What impact has this had on OPEC and other oil producing nations? What's the benefit to consumers and manufacturers?
Which of the following statements about oligopolies is not correct? Which is true of an oligopoly market that reaches Nash equilibrium? Which of the following situations produces the largest profits for oligopolists?
Critically evaluate measures used by Egyptian governments and central banks to manage the economies of their country. By critical evaluation
Think of the market for loanable funds. A policy that induces people to save more or that reduces the governmet's budget deficit (moves it more toward a surplus) shifts
Look at the 3 circles in the first section of the infographic that provide advice (e.g. Invest with a long-term focus and diversify, etc.). How does this compar
The monopolist from the previous problem now faces a specific tax of 20, τ = 20. What are the optimal quantity and price given the tax? Calculate the welfare loss from the tax.
Suppose that you were an industry analyst trying to determine if the leading firms in the automobile manufacturing industry are playing a tit-for-tat pricing game. What real world data would you want to examine? What would you consider to be evidence..
What is the trilemma? How does it relate to the gold standard? What happens if a country's currency is pegged too high? Too low?
Demonstrate with practical examples, how the concept of rural development means different things to different people.
Do any Zoroastrian beliefs seem familiar to you in the context of your knowledge of Judaism and Christianity? If so, which ones?
(a) What are some of the legal and ethical issues that can arise? (b) What is the law or regulation in your state or home state?
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