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Suppose Nigeria has 20 million workers and 16 million units of capital, while Botswana has 5 million workers and 3.5 million units of capital. Which of the following statements is
What was the total public debt outstanding on the same day in 2000? What was it in 2008?
Oligopoly is a marketplace where the deliver is controlled by a small group of companies. In this condition, the actions of single company will have a material effect on the whole
Consider an economy that having only of those who bake bread and those who make its ingredients. Assume that this economy's production is as follows: 1 million loaves of bread
Explain production as an income generating activity. What are the principal difference among government purchases of goods & service and transfer payments? Why are in
what role does interst rate play in refernce to output?
Your company has asked you to analyze two mutually exclusive projects for the coming year. Project A will have an initial outlay of $7,200. Project B will cost $6,800. Both project
Some scholarly papers have shown that growth from trade in developing nations can make the country worse. Can this happen? If so, describe the conditions required for this situatio
What are the 4 scarce, factors of production and what is a description of each of them. What are the costs to these resources?
Diagramatic explanation of pareto optimality
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