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Problem
Economic Growth and Developmen. You will select an undeveloped or developing economy (country), and write up a brief economic history, statement of current conditions, growth trends and developmental issues. The paper will include a concluding section with recommendations for addressing those issues. The paper will be 3,000 words (excluding title page and references), and should include supporting tables, graphs and equations. I will consider a paper that focuses on theoretical issues upon request.
You will need to read outside books, journal articles, and other materials related to the economy. Your paper should give reference to the sources used. If you use any material from the web your reference should be such that one can go to the web and have access to the source you have used. The format of the paper should be APA style. Use Times Roman 12pt, Double Space, 1in. marginns.
Use quintiles to briefly summarize the degree of income in equality in the united states. how and to what extent does government reduce income inequality?
Construct a circular-flow diagram like the one found in this chapter to represent the sector of the economy devoted to collage education: collages and universities represent firms, and house holds both consume education and provide facilty and stu..
(Part B1) Refer to the data in the above scenario. What is the size of the labor force in the United States for the given year? (Part B2) Refer to the data in the above scenario. What is the unemployment rate in the United States for the given year?
1. What is price elasticity of demand? How is it measured? If the price elasticity is -3 and $300 is the marginal cost of product X, what should be the optimal sale price?
Use the production function equation to describe the ‘income inequality hypothesis', i.e. that labour income is being redistributed to capital. What might that particular model imply about what is happening and why?
What is ‘shadow banking'? Does it pose a threat to stability of China's financial system? Outline main features of new normal phase of China's economic growth.
difference between what a consumer is willing to pay for a good or service
Provide your answer in three short paragraphs explaining how a country can place barriers against international trade.
Distinguish between a customs union and a common market. Explain why there has been a growth in the underground economy of the United States.
Discuss the sticky-wage model of aggregate supply, carefully identifying any assumptions made. How well does the sticky-wage model explain the observed behaviour of real wages over the business cycle?
Create an argument for or against the passage of such a law based on your conception of the ideas on the optimum size of government and on government interventions in the economy (Social Security is an intervention in the economy).
We continually hear about interest groups in the news. Understanding this, what is the relationship between interest groups and government? How does this apply to government-created interest groups? In addition, what are the effects of bureaucrats..
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