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People that are in extreme poverty are barely able to survive. With all the advances in technology, medicine and education, these parts of the world are falling farther and farther behind. This is because they cannot afford these things to have the access to them. The world has become very greedy. It is all about making money for oneself and often not about helping others. I do not believe the poverty will be eradicated. Someone is always going to be at the bottom as rich nations get richer and the cost of living gets higher. I do believe that we should be able to eradicate extreme poverty but not with just the measure of the 0.7% request. I believe to fully eradicate extreme poverty it will have to be more than that. Rich nations should not have a problem fulfilling this request however; greed shows its ugly head. It is also essentially making a country better off than what they were, so what if they prosper with that help? That is more competition. Money isn't the only thing that is needed to help. We need to educate the people and help them to manage money and their economies.
How will each affect equilibrium price and equilibrium quantity in a competitive market? Will price and quantity rise, fall, or be unchanged? Based on the magnitudes of the shifts, will the answers be indeterminate? Demand decreases and supply is con..
q1. since the gdp is a total market value of final goods and services produced within a country over time. why is this
Consider each of the following events. For each, identify whether it should be included in the U.S. BOP table; where relevant, determine whether it is a debit or credit entry; and calculate the statistical discrepancy entry for the U.S. BOP table. Fo..
Give an example of a situation in which outsourcing had a positive impact on an organization or country or one in which outsourcing had a negative impact on the organization or country.
When the price of a good decreases: A. demand increases. B. supply increases. C. the quantity demanded increases. D. the quantity supplied increases.
Illustrate what is the natural rate of unemployment for this economy. Assume the economy has been in equilibrium for a while also the inflation rate is 15%.
You are standing in line. Think about what you would be doing if you are not in this line. The alternatives are infinite and computing the cost of them all is impossible. However, since you could only be doing one thing (not all of them) if you are n..
AMS recently instituted an in-house recycling program. The benefits of this program include not only the benefits to the environment of recycling but also the goodwill generated by AMS’s leadership in this area. What level of Q maximizes net benefits..
If I were a multinational U.S. corporation who enters into a joint venture in Brazil (with a Brazilian company) to make and sell a product in Brazil---but the currency is dropping against the U.S. dollar, and the economy is in a recession, what does ..
Determine the income elasticity of demand, and state whether good X is a normal or inferior good. Determine the own advertising elasticity of demand.
The demand curve for salted codfish (saltfish) is D(p) = 200 − 5p and the supply curve is S(p) = 5p. 1 (a) On a graph with saltfish on the horizontal axis and the price of saltfish on the vertical, draw the demand and supply curves. What is the equil..
In the long run, if the demand curve of a monopolistically competitive firm is tangent to its average total cost curve then
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