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Q1. Illustrate what are the influences of aging population to business in developing countries?
Q2. A Texas oil company extracts petroleum and sells it to a refinery for $1,000. After processing, the refinery sells the gasoline to a wholesaler for $1,500, who then sells it to a gas station for $1,700. The gas station sells it to customers for $2,500. In these transactions, Explain how much has been added to GDP?
Q3. Discuss the economic pros and cons of the United States, Mexico and Canada becoming one country. Put it in thesis form and as far as length, which is up to you. Remember to restrict your arguments to economics.
Use a production possibilities frontier to illustrate the production options. Be sure to label your drawing. Identify a point that is efficient.
The GDP is a total market value of final goods and services produced within a country over time. Why is this a reflection of this country's cost of living so varied making expenditures.
Elucidate how they will help to improve the GDP as a tool for measuring the well-being of a nation.
Smith has been trying to sell his house for 6 months although so far there are no purchasers. Draw the market for Smith's house.
Can you offer another reason why the New Jersey dealer might not have wished to follow a no-haggling policy.
Compute how this policy affects consumer surplus, and the cost of pollution. Would you recommend this policy.
Consider a small economy in which consumers buy only two goods pies and tarts. In order to compute the consumer price index for this economy for two or more consecutive years.
Explain how much shelter can she buy if she purchases 2 units of food.
The cost leadership approach implicates competing by having a lower cost than one's competitors
Elucidate the common kinked-demand model. In the oligopolist's marginal-revenue curve, elucidate the reason for gap. In this model explain how does price rigidity in oligopoly.
Shadow Bank 411 buys $3 million more securities in the market and "pays" for them with its account at Bank 411. Bank 411 borrows $3 million more as a first response.
Elucidate how each change mentioned in the article impacts upon the aggregate expenditure model.
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