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Consider a relatively small, tropical island nation (using the customary standard for size comparison, this nation is roughly 35 Rhode Islands). It has a healthy, well-educated population and the population growth is stable. Its economy has been stagnant at best, declining at worst for 50 years. The government has been very controlling—it is totalitarian but it may move to a parliamentary system in the next few years. There is adequate arable land for farming. Mining is not viable since no extractable resources exist.
Illustrate what is the effect of this policy on the interest rate in the long run.
Public relations practitioners routinely inform top management of issues and situations that could escalate. The corporate culture and attitude of management have a lot to do with how executives respond to these warnings. Ethical issues often provide..
According to an old myth, Native Americans sold the island of Manhattan about 400 years ago for $24. If they had invested this money at 7% interest per year, how much would they have today?
Karen runs a print shop that makes posters for large companies. It is a very competitive business. The market price is currently $1 per poster. She has fixed costs of $100. Her variable costs are $1,000 for the first thousand posters, $800 for the se..
Profits for Firm 1 have risen from $256 to $288, while profits of Firm 2 have declined sharply from $256 to $144. B. How much will each firm produce and what will its profit be.
Within the context of responsible stewardship, provide an argument for or against workers' rights to organize unions and bargain collectively from and ethical, social, and/or legal point of view.
Draw the 3 graphs required to show the impact on overall GDP of a decrease in the money supply. Also carefully explain, in your own words, the relationships between the graphs, the process of adjustment, and the overall impact of the money supply dec..
In a two factor, two good heckscher-ohlin context, illustrate and explain the "production effect " of growth in the labor force in a relatively capital-abundant country, other things equal
You are the Economist of the office of Community Development at UCLA. In 2015, you implemented a program of entrepeneurship in LA. Your design was such that the western region was offered that program, while the eastern region was not. Compute the ch..
How does building on undeveloped land differ from building on developed land from an economic standpoint? Discuss the land assemblage problem as it relates to urban renewal. List and discuss possible contradictions between the goals of urban renewal ..
What might you reasonably expect of an industry in which firms tend to have economies of scale?
Why does a teacher earn less than a firefighter? Why does a union electrician earn less than a non-union electrician?
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