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Name one developing country and determine the country's top five exported and imported products for the most recent year available. In addition, find the country's top five trading partners.
For each country selected, provide:
GDP (You may use the purchase power parity figures.) Per capita GDP GDP growth rates for the past 5 years Percentage of GDP spent on military expenditures Population and population growth rates for past 5 years Human Development Index Rankings -- overall and by category.
Drowns indifference curve for consumption and hours of work. (Hint: in class we discussed indifference curves for consumption and hours of leisure
After her final exam this semester, Sylvia must drive from her school in Philadelphia to her home in upstate New York-What are Sylvia's expected .ne, expected wealth, and expected utility if she travels through PA?
Explain how the below game should be set-up, played and solved a consumer decide.
A traditional definition of economics 'efficient utilization of limited productive resources for the purpose of attaining maximum satisfaction of human material wants.'
Elucidate when producers reduce price for good and services, it increase consumers surplus and everyone standard of living.
Describe various goods you either buy or sell at your workplace that are price elastic.
Elucidate what would have been the economic effects of this. Describe the pros and cons.
Illustrate what will happen in the short run and long run to the world real GDP and the price level. Moreover, describe what policymakers could do after this has happened.
How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.
Assume banks install ATM on every block and, through making cash readily available, decrease the value of money people want to hold.
Given that this is a training manual to sensitize employees, how will this affect any practices at the company.
Assume the price of every old edition microeonomic book. Determine the values of B and T that maximize Sam's utility.
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