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The Nigerian currency on Thursday morning appreciated further against the dollar as bureau de change (BDC) operators run into further hiding what is the major contributor of this appreciation of the naira?
Briefly explain the tools that governments have to move the economy from either a recessionary or expansionary gap to the long run equilibrium level.
"Anjali and Sanu are married, and Sanu is the breadwinner. Anjali provides 4 non-market hours of service daily, and her productivity at home is $15. Sanu's earnings are $20/hour, and his productivity at home is $10/hour. Draw his daily budget constra..
The population of an island consists of 60 000 people, 35 000 of whom are females. The percentage of the population who are males is:
Assume that at current consumption levels an individual marginal utility of consuming an extra hot dog is ten whereas the marginal utility of consuming an extra soft drink is 4.
How should policy makers determine the amount of money that should be allocated for research curing heart disease? they should base their decision on the value of the total benefit of research on curing other diseases or else.
Despite the advantages of outsourcing for companies, the practice has attracted much criticism from the US public and some politicians.
problem 1 write each production function given below in terms of output per person y a yl and capital per person k k l.
a)Solve the optimal choice problem for agent i if p1 = p2 = 1; and I=15 b)How does this answer in part a change if income doubles?
The company's cost function is estimated to be TC = 200 - 20Q + Q2, where Q is the volume per day. The firm also has the following demand equation P = 60 - 2Q, where P represents the price per unit and Q the volume of daily sales.
All firms in a Cournot monopolistically competitive industry have the same cost function C(q) = 25 +10q. Calculate the equilibrium price, firm output, total output and number of firms in the industry.
Compute the level of GDP per capita in each country measured in local currency. Compute the marker exchange rate between the currencies of two countries.
Discuss, relating in part whether such highways are public goods and whether or not privatization should work.
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