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1. The idea that the world is getting smaller and that time is moving faster is called?
a. Subjective Frame Shift
b. Singularity
c. Globalization
d. Compression
2. In an area with no population and little resources, which type of institution would emerge?
a. Settler Property Rights
b. Resource Extractive
c. Plantations- agriculture extractive
d. No institutions
Imagine you are an international monetary fund official going to a country whose export earnings are not able to pay for imports. The government has requested a loan from the IMF. In which areas would you recommend the government to cut: education, s..
Calculate the expected utility of each project according to this criterion. Is this individual risk adverse, risk neutral, or risk seeking? Why?
What do you understand by SWOT. Using SWOT analysis describe the Strength , Weakness , Opportunities and threat of company which you know closely. Discuss most important factors for successful E-Commerce site designing. What is good E-Commerce securi..
Why is it that unemployment and inflation work in opposite directions--when one is high the other is low and vice versa? This concept is depicted by the Phillips Curve. Why are unemployment and inflation sometimes referred to as twin problems?
Week 4 Graded Assignment -Prepare the text of a talk which you will give to this audience, which considers whether or not health care services and products should be treated differently than other commodities and provide a basis for your viewpoint.
Bank is willing to let business have an intermediate-term loan of $50,000 for five years at an interest rate of 6.5 percent. Estimate monthly payment and elucidate where taking this loan is a smart business decision.
The market for a pack of 12 golf balls has been described by the following supply and demand functions: Depict this on your demand and supply diagram. (Hint: the new tax inclusive demand function will be: P = 91 – 5Q) What is the new market equilibri..
At a market price of $50 a batch, illustrate what quantity does Lin's produce also what is the firm's economic profit in the short run.
The goals of the _________ are to increase economic self-support and self-sufficiency, reduce abuse and neglect of children and adults, reduce inappropriate institutional care, and secure institutional care when needed. a. Social Services Block Grant..
A $25,000 bank loan is to be repaid in equal yearly payment over 15 years at an effective annual interest rate of 7%. You did the calculation and found that your annual payment is $2745. What is the unpaid principal after you made your 8th payment?
Suppose that in addition to repairing your car, you can also spend money advertising. If you repair your car for hours and spend A dollars advertising, your benefit (the amount you revive when you sell your car) is B(H,A)=220H-H^2+2A. Both H and A ar..
What legal and political influences can affect the decisions of judges? How does the judiciary play a part in policymaking?
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