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The projected population growth for Country A from the year 2000 to the year 2100, based on a 3.5% growth rate, will cause the population to rise from 30 million to 960 million. Assume Country A is approximately the size of Nebraska, Kansas and Oklahoma taken together and has a similar climate. Considering the calculations of projected population for Country A and what you have learned in this class, would you recommend that the government concentrate on farming or cattle ranching in order to feed this growing population? You must choose only one option. Explain your decision in detail.
The impact of labor migration on patterns of international trade depends on the characteristics of the labor migrants. In which cases might migration expand trade? World income? In which cases might it reduce trade and world income?
q1. you have been hired to be a consultant on pricing strategies for two different companies. both of the companies
Would each of the following increase, decrease, or have no impact on the ability of open-market operations to affect aggregate demand?
Nobel laureate Paul Samuelson said that comparative advantage is one of the few ideas in economics that is both "true and not obvious." Since it's not obvious, we should practice with it a bit. In each of the cases below, who has the absolute advanta..
ABC corporation has the following activities that should generate book/tax differences in 2014: Purchased $100,000 of 5 year property. Straight-line depreciation is used for book purposes. Assuming a 25% federal tax rate, and a 6% state tax rate, how..
Compute the HHI index for each of the following industries. Which industry is the most concentrated. An industry with five firms that have the following market shares.
Do you think the NRA is justified in its actions toward the CDC? Do you think the CDC should pursue gun-related injury research? The NRA contends that the CDC had an anti-gun agenda and that it was playing politics with the research. Does this alter ..
Assume the United States economy is in a deep recession explain how does this recession affect the US major trading partners such as China, Canada and Japan.
Show how length of stay and seasonal demand stability might be important to a recreational tourism destination. What economics conditions made the growth of tourism possible in the nineteenth century?
Boris budgets $9 weekly for his morning coffee with milk. He likes it if it is prepared with 4 parts coffee, 1 part milk. (Milk and coffee are perfect complements here). Coffee costs $1/oz, and milk $0.5/oz. Draw his budget constraint and indifferenc..
Cost in terms of pain, discomforts, disabilities involved in supply of factors of production by their owner are termed as ______a) Real cost b) Explicit cost c) Social cost d) Implicit cost
What results in a shortage of oranges?
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