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Economic growth and public policy
Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Check all that apply.
Pursue inward-oriented policies.
Give families cash payments on the condition that their children show up for school and medical exams.
Provide tax breaks and patents for firms that pursue research and development in health and sciences.
Increase taxes on income from savings.
Bob's utility function is UB = (hB - 1)2sB where hB and sB are his consumption of hamburgers and salads respectively. Let p be the price of hamburgers measured in salads. Alice is endowed with one salad and two hamburgers. Bob is endowed with six sal..
Which of the following jobs is the least likely to be filled by an economics major?
q.find true or false or uncertain and explain why?1. tfu suppose that at an initial cost of 1000 a homeowner can
What do we call financial institutions through which savers can indirectly provide funds to borrowers?
The unemployment rate measures only the fraction of the labor force searching for work. Sometimes economists are interested in the length of time that unemployed have been out of work. One convenient summary measure is the median duration of unemploy..
Elucidate the impact does the dollar appreciation have on the firm's international competitiveness.
Explain why Paul Collier seems to argue that export oriented industrialization or trade liberalization policies enacted by African countries would not help Africa develop.
What would be additional effects follow from this initial effect. What is the total effect of the tax cut on aggregate demand.
An engineer deposits $900 each month into a retirement account. After 30 years, the balance in the account is $1.7 million. Determine the effective annual rate of return for this account.
Suppose you owe $1400 on your credit card. The APR is 12%, compounded monthly. The credit card company says your minimum monthly payment is $20.84.
If a firm with monopoly pricing power in the market faces a demand curve of P = 2,000 – 2Q and seeks to maximize profit, what would be the marginal revenue for the monopolist
Describe how the product has changed in price and explain whether the price change is due to supply or demand. Did the change in price affect your decision to purchase the item?
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