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1) Write an essay about each of the IPE perspective has at its center a fundamental value or idea. What is the central idea of mercantilism, of liberalism, and of Marxism? Please elaborate on the central ideas of IPE perspectives by discussing their respective intellectual leaders and illustrate these perspectives by using one country, a historic period, or a policy. Please comment on their strengths and weaknesses in terms of explaining the world as well as improving the world
2) Write an essay about What is NIEO? What major demands did the Third World countries put forward? Are these demands reasonable? What major forces have shaped the development process for LDCs? How do these forces create tensions between the South and the North? Can you provide some normative comments about the nature of the global economic system?
Consider the following firm with the production function Q=F(L)=2L^1/2. L=labor. Wage w=12. Fixed costs are FC=500(sunk cost). Derive the short run cost function. Graph this function using excel.
What best describes the response to monetary policy in 2008-2009? Does this make sense in a classical world? What classical assumptions have to be thrown out to get this model to explain the response of the economy to the increase in the money supply..
If the market supply increases and, simultaneously, market demand decreases, the new equilibrium will show:
Give an example of a product you consume for which your marginal utility increases with the amount of your consumption
The unemployment rate in an economy is 6%. The total population of the economy is 290 million, and the size of the civilian labor force in 150 million. Illustrate the number of unemployed workers in this economy.
Which of the following is NOT a characteristic of equal potential GDP and real GDP?
Why did the ban effect the price? Illustrate using a figure and explain. Show the welfare effects in your figure. Use a table to show who gains or loses.
q.hiro nakamura is ceo of the cola king bottling company a small regional producer operating in the pacific northwest.
Illustrate what is shop's sales mix Illustrate what is shop's break-even sales volume in dollars. Explain how many bicycles of each type must firm sell to earn a target net income of $50,000.
You recently hired an economist to work with engineering also operations experts to estimate the production function for a particular line of office chairs.
Calculate the marginal physical product of labor at each quantity of labor
Was there a UFW-Almaden contract in effect when the Paicenes vineyard was leased by Heublein to Glen Ellen
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