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Analyse the roles played by the World Trade Organization (WTO), International Monetary Fund (IMF), and World Bank in the world economy. Why do their actions often generate hostility, and is it deserved? Explain your answer.
It has been argued that "The criterion for Bank resource transfers should not be poor people, but poor people in countries without access to private capital". (Lerrick, 2005) Furthermore in the World Bank website is clearly stated that "We are not a bank in the common sense;" (World Bank, 2010). What is your opinion? Do you think that the World Bank is orientating its action in a right way or not and if not, any ideas of how to redefine its action?
We have learnt that in a perfectly Competitive market, all cost savings from a technological advance are passed along to cnsumer in the form of lower prices
The organization have considered situations of just shifting the spending power among the competing sectors. Does anyone have any thoughts.
What kind of shocks could have caused this change to the money demand function? Determine the new interest rate and equilibrium level of output.
Determine the profit-maximizing prices both firms will charge. In addition, calculate the price-cost margin for each firm and indicate which has more pricing power and why.
Tables John Walker is a regional sales representative for Jiffy Mowers Inc. and sells lawn mowers to stores in the Tri State area. Construct a table showing Walkers marginal sales per day in each state.
The US congress is presently debating the new budget. Should federal spending be drastically reduced.
Suppose two nations are considering specializing in either calculators or personal computers. If solely producing calculators, country A can produce 300 and country B can produce 400.
Describe and answer in economic terms the question, should a company hire temp teachers or hire new teachers?
Last year, Pat and Chris occupied separate apartments. Each consumed 400 gallons of hot water monthly.
Illustrate what effect a contractionary fiscal policy have on the price level and real GDP.
When the Bank of Canada sells the government bonds to a commercial bank, the commercial bank experiences a decline in reserves and in increase in bonds. Total assets are unchanged; this is just a portfolio switch between bonds and cash.
For a perfectly competitive firm the price is $2 per unit. At this price the firm is producing and selling 10,000 units. It costs $1.50 to produce the last unit. Should the firm produce more? Less? Why?
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