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Suppose the real rural wage is $1.7 per day. Urban modern/formal sector employment can be obtained with a 0.25 probability and pays $5 per day. The urban traditional/informal sector pays 80 cents per day.
a. Will there be any rural-urban migration as things stand?
Explain the “objective theory of jurisdiction.” How does it apply to an organization doing business within a foreign country?
Do you have confidence in the ability of humankind to overcome environmental challenges or do you believe that the planet is doomed? Please explain your position clearly. What roles can be played by Christians in protecting the environment?
What is Country A's balance of: {Export of Services - Imports of Services +Income Receipts - Income Payments + Net Gifts?}
From a macroeconomic perspective, consumers benefit from international trade, but from the view of industries at a comparative disadvantage: Which of the following market structures will have lower prices in the long run than monopoly, ceteris paribu..
q.recently there has been great controversy about some state governments attempting to use eminent domain to tear down
Identify an industry/market that in your own understanding, can be described as a “monopolistically competitive” industry (market). Discuss/explain your choice.
In which of the following situations is the Coase theorem likely to apply? Explain.
During the same time, total annual movie admissions have barely changed. What cost factors can explain this trend? In addition, what demand factors might be also be relevant?
Suppose that an economy’s production function is cobb-douglass with CRS(Y=AK^α * L^1-α ) and α=.3. What fractions of income do capital and labor receive? Suppose that the capital stock decreases by 15 percent. How much does output increase or decreas..
Suppose that a risk-neutral investor has a choice between buying a one-year bond paying 4 percent today, a two-year bond paying 5 percent today, a three-year bond paying 5.3 percent today, or a four-year bond paying 5.5 percent today, if a one-year b..
q1. the wage rate is pound5 and the rental rate cost of capital is pound2. calculate the lowest cost method of making 4
An energy manager expects a need for a boiler that costs $150,000 in about seven years. How much money should the manager save each year to have enough money for the purchase in seven years time if the interest rate is (a) 10% and (b) 3%.
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