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Briefly explain the disparities we observed in level of economic development in the world today. According to easterlin, why is substantial formal education system necessary for sustain economic growth? what are some of the characteristics of that education that are needed and explain their importance.
For a given level of inflation expectations, if the central bank increases the money supply growth rate, then in the short run
Several big companies offer employees time off during the workday to attend seminars on how to improve their health. Some even give bonuses to people who show that they are adopting healthy lifestyles through,
Assume to two firms in an industry with an index of 5,000 announce a merger. The U.S. Justice Department concludes the merger will boost the index to 5,500. The antitrust authorities will most likely.
Provide two examples of actions taken by a company, government, or organization whose effect is to prevent specific markets from reaching equilibrium. Illustrate what evidence of excess supply or excess demand can you cite in these examples.
q.given the following annual information about a hypothetical country answer questions a through d.billions of
some firms leave the industry and the industry returns back to a long-run equilibrium. Illustrate what will be the new equilibrium price, assuming cost conditions in the industry remain constant.
The chart on the following page shows the average daily demand for tokens on a major urban rapid transit system. What is the elasticity of demand at a fare of $2.50/token? Is the revenue maximizing fare higher than, lower than or equal to $2.50/token..
1. draw a real expenditures curve on a graph showing a recessionary gap. explain what happens to real gdp when it is
If she has invested in a stock fund that averaged a 15% rate of return over that period, and she expects to make the same annual investment and get the same performance in the future.
Utilize the theories of international trade also investment also explain Brazil's intentions also actions regarding the international information technology sector.
Which of the following is a method for the Federal Reserve to control the supply of money? Open-market operations refer to the Federal Reserve: What determines the weights for calculating the Consumer Price Index?
The Circular Flow diagram is model of how the economy works. Explain how the model would change if the following events ocurred:Households increase savings.
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