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The national debt of many developed nations is projected to grow to unsustainable levels. Why might national legislatures welcome higher inflation? Does inflation offer a means for a country to finance its increasing debt?
Explain the key features and innovations of Progesa/ Oportunidades Program regarding human capital? Even though the program has been successful in Mexico, Explain why a similar program might not work elsewhere.
Which set of actions maximizes the total payoff of Nikita and Margaret? Is it likely that they will choose the payoff-maximizing actions without some communication? Why or why not?
Give an example of consistent Fiscal Policy and Monetary Policy that you would choose to correct unemployment gap (Recession) that you suspect in the economy?
Peggy-sue's cookies are the best in the world, or so I hear. She has been offered a job by Cookie Monster.
explain how much of the current unemployment can be attributed to cyclical factors.
Globalization has pulled hundreds of millions of people out of poverty in China and India. How should that gain be weighed against the structural changes that globalization requires in the United States? Should there be a safety net for those most hu..
Incomplete information frequently lowers the average quality of products and services exchanged in markets. This phenomenon, at times called the "lemons problem," Why efficiency in markets with incomplete information present lower than in those with..
Illustrate what is the meaning of economies of scope and explain how do they differ from economies of scale.
You have been asked to produce a forecast for your company's new product (bottled water). List and briefly describ four factors you would consider before giving the forecast.
Illustrates what the advantage of using capital in the production. Illustrate what is mean by the term division of labor.
Which of the following represents the consensus among most economists today with respect to the management of unemployment?
If the world market for crude oil experiences an increase in supply and a decrease in demand, which of the following results is expected to occur?
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