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Read "Simon Bolivar on Government in Latin America" (20-1a). In his Jamaica Letter, Simon Bolivar argues that the political and social circumstances of Latin American independece are unique. What does he mean by that? Is he convincing in his claim? What problems does he see for Latin America's future and did he anticipate some of the issues that continue in Latin America today?
"Equities" is another word for
According to Keynesian theory when should expansionary fiscal policy be used? How does this change GDP, unemployment and the price level?
q1. the city council realizes that the telephone company could curtail pay phone service in response to the ceiling. to
Evaluate how average, total, and marginal costs change as the output of a good or service of your choice increases. Can economies of scale be maintained despite high start-up costs.
What exactly is computational economics? For example, does certain software for calculating/predicting/visualizing cost of manufacture falls under computational economics?
The increasing of ageing population might lead to certain issues; the first one we need to face will be the public debt. Ageing population when they retired, the consumption exceeds income and investments will exceed Savings.
If one country has per capita income of $15, 000 and its economic growth rate is 5 percent per year, what will its per capita income be in 10 years? About how many years will it take to catch up to a country where the per capita income is $30, 000 pe..
The demand function for a firm’s product is Q = P^(-3). The firm’s marginal cost of production is constant at MC(Q) = 12. Calculate the elasticity of demand, as a function of Q. Does the firm’s profit maximization problem satisfy the global SOC?
The assumption of the perfectly competitive model is that products sold by all retailers are completely identical. Under this assumption, as we've seen in this analysis, competition between retailers is extremely fierce.
Bavarian Crystal Works designs and produces lead crystal wine decanters for export to international markets. The production manager of Bavarian Crystal Works estimates total and marginal production costs to be TC = 10,000 + 40Q + 0.0025Q2 and MC = 40..
Assume the money supply is $800, the velocity of money is 7, and the price level is $2. Using the quantity theory of money: Determine the level of real output. Determine the level of nominal output.
q. a. will a progressive medical tax scheme i.e. people with higher income face a higher medicare tax rate benefit the
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