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In what sense, if any, are people in poor countries trapped by poverty? Contrast the views of Sachs, Easterly and Banerjee and Duflo. Be sure to explain the views of the various authors using supporting evidence from the relevant texts. Which argument is most persuasive? Why? Explain.
Income distribution in the US is not equal with the highest 20% of the US population earning 47.6 % of the total US income and the bottom 20% earning just 3.6% of total US income. This would seem to be very unfair except there is considerable mobilit..
Talk about six economies of worth, or sets of values, that we prioritize differently. Although we may not always prioritize our values the same way in different situations, I'd like to think about how you would rank these six economies of worth for y..
What is the point forecast of sales in the next time period? What is the 95% forecast interval for the next period’s sales figure? (use z = 1.96)
Discuss why the monopolist chooses a level of output that creates deadweight loss, and whether the level of output is equilibrium. Include an illustration of your numerical example, and refer to it throughout your discussion.
If this statement is true and why or why not. "Ronald Coase would suggest that taxing your roommate at the margin for playing music too loudly would result in the efficient allocation if the tax is set appropriately."
What are the disadvantages of setting up a private option in the Beveridge model?
Show that the following relation holds true sqrt((m - 1)/m) = (QE/Q*) = sqrt((m + 1)/m). What is the underlying reasons that this relation holds? Provide an interpretation of that relation.
There is a new small entrepreneurial solar power business in town. In today’s competitive environment, partners are struggling with a series of management and environmental issues. For example; finding the right target market that would respond the b..
Mark's demand curve for the company's product is: At what output is the demand for the firm's product price elastic? If the firm wants to maximize its dollar sales volume, what price should it charge?
Any economically efficient production process is always technically efficient. Any technically efficient production process is always economically efficient. A production process must always be both economically efficient and technically efficient.
Consider a league with two teams that might engage in doping. If neither team engages in doping, the odds that Team A will win the league championship are 65% and the odds that
how must you consider the issues regarding diminishing marginal returns and economies of scale.
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