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1. What are the sources of national and international economic growth? Who benefits from such growth and why?
2. Why do some countries make rapid progress toward development while many others remain poor?
3. Which are the most influential theories of development, and are they compatible? Is underdevelopment an internally (domestically) or externally (internationally) induced phenomenon?
4. What constraints most hold back accelerated growth, depending on local conditions?
Suppose that the total revenue received by a company selling basketballs is $600 when the price is set at $30 per basketball and $600 when the price is set at $20 per basketball. Without using the midpoint formula, can you tell whether demand is e..
The following utility function represents the preferences of agent i over two goods x1 and x2: ui(x1,x2) = 3√x1 + x2 a)Solve the optimal choice problem for agent i if p1 = p2 = 1; and I=15
From 1950 to 2000, manufacturing employment as a percentage of total employment in the U.S. economy fell from 28 percent to 13 percent. At the same time, manufacturing output experienced slightly more rapid growth
Write a 200-word summary discussing the challenges, milestones and discoveries of your teams efforts this week. Feel free to discuss task assignment however your summary should be based on reflection of collaboration and not exclusively on projec..
Suppose that the markup of prices over costs increases to 10%. What happens to the natural rate of unemployment? Explain the logic behind your answer.
During a recession, the hotdog project will earn $12,000.00 and the Champaign project will lose $8,000.00. If the alternative is earning $3,000.00 on government Treasury bill (T-bill), what should the manager do? Why?
Assume that CAPM holds, Your goal is to create a portfolio of stocks X, Y, and the risk-free asset. The beta of the portfolio is P = 0:70. X has a beta of 1:5 and Y has a beta of 2:0. Expected return of Y is 10% more than the expected return of X...
Supply Function: A review of industry-wide data for the jelly and jam manufacturing industry suggests the following industry supply function: Q = 59,000,000 + 500,000P - 125,000PL - 500,000Pk + 2,000,000W Where Q is cases supplied per year, P is the..
A $150 bicycle was purchased on Dec 1 with a $15 downpayment. The balance is to be paid at the rate of $10 at end of each month, with the first payment due on Dec 31. The last payment may be some amount less than $10.
what is your optimal combination of coffee and cream puff?
office building maintenance plans call for the stripping, waxing and buffing of cereamic floor tiles. this work is contracted out to maintenance firms and both technology and labor requirements are very basic. qs=2p-20 and qd=80=2p algebraically
Suppose that an individual with income I cares about two goods, X and Y. The price of the two goods is Px and Py. The individual has the following utility function: U(X,Y) = X(2+Y)
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