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1. Less-developed countries have a greater incentive to adopt sound institutions and policies as transportation and communication costs decrease.
False
True
2. Political decentralization makes it easier for governments to levy taxes and spend revenues on things that provide citizens with little value relative to cost.
Calculate and graph the ration of: (i) real residential investment to real GDP; (ii) real non-residential investment to real GDP; and (iii) real inventory investment to real GDP. Which of the components of investment shows the most (least) variabilit..
Suppose that the average total cost (ATC) of producing 8 units is less than the average total cost of producing 9 units. What can we say about marginal costs (MC) in relation to ATC?
Should innovation activities be linked to our efforts to develop a strategic advantage or should innovation efforts be experimental with an objective of finding products or services that may be profitable at some indefinite point?
In the following example each person is an island. We have James and Kate who engage in international trade with each other. James is lactose intolerant and only produces cheese. Kate is caffeine intolerant and only produces coffee. Who has a negativ..
Calculate the expected annualized compound rate of return over the five years for each bond. Which bond offers the higher expected compound rate of return?
Explain how do you expect the supply and demand of your selected good to change in the next year. Relate you expectations to the price and quantity of the good in the marketplace.
Illustrate what is payback period method of investment. Explain how it can be applied to choose among investment project.
What is the best way to use static supply and demand theory to analyze a dynamic world which is constantly changing?
In The Case of the Unequal Opportunity, the companys workplace equity policy is clear. In your opinion, which paradigm does the company use to manage diversity
A machine costs $20,000 and has a 5 year useful life. At the end of the 5 years, it can be sold for $4,000. If annual interest is 8%, compounded semi annually, what is the equivalent uniform annual cost of the machine?
there are 100 producers of toasters. half of the producers are low quality i.e. their products will break with
Panel B shows how the demand for X shifts when the price of related good Y increases from $60 to $68. Use the information in Panel B to calculate the cross-price elasticity. Are goods X and Y substitutes or complements?
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