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The answer to Socio-Political and Economic Environment
1. What is the present state of the economy (e.g., GNP, per capita income, rate of economic growth, etc.)?
2. How much debt does your country have?
3. How does the economy (particularly the economic growth rate) today compare to 20 or 30 years ago?
4. What are the dominant industries and or corporations, and who controls them?
5. How would you characterize the present government of your country (democratic, authoritarian, etc.)?
6. What is the trade relationship between your country and the United States?
Explain how would you classify the product in terms of it's income elasticity.
You are planning a short-run production function for your firm, and you have collected the following data on labour usage and output: Calculate estimates of total. Average, and marginal products when the firm employs 23 workers
Compute the expected value (revenue) from each project. Compute the coefficient of variation of each project, and find out which project should the company choose. Compute the variance and standard deviation of expected value from each project.
Explain who would the main beneficiaries be of tying Social Security
Suppose the ABC Corporation adopts a policy prohibiting its top-level executives, whose compensation packages-Use economic theory to analyze the incentive effects of this prohibition.
Assuming that there are only two goods, and the other good (food) is capital intensive, show the equilibrium points of production and consumption in ALFA, before and after trade.
You're the manager of copies are us. The only copy store in town, the carbon copy, recently got bids on adding a colour copier.
Illustrate what would happen if CPI decided to raise prices unilaterally in this toothpaste market.
Draw a diagram showing the current situation of the firm. In addition to the above information, suppose the price of the output is $13/unit, if the firm wants to maximize its profit, what should it do? Explain in detail with the aid of a diagram.
This problem uses Okun's law to study how the unemployment and inflation rates change when there are demand shocks. Assume that the relationship between the output ratio and the unemployment rate, U is given by the equation U = 6.0 - 0.5 (output ..
According to the neo-classical economic theory, the market is a natural, self-regulating system that tends automatically towards the full employment equilibrium of supply and demand.
If the elasticity of US exports with respect to the real exchange rate is very low, will this increase in private saving have a large or small effect on the U.S. real exchange rate
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