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This is related to China's Economy from 2000-2012 What did the government do during this time to either help or hinder the improvement of the economy? Consider what policies were put in place by the government. This is where you will discuss fiscal policy, monetary policy, and supply side policy. • What was the intended impact of these government policies? Note: government policies are not always effective, this is asking about the objective or goal of the government policies, not necessarily if these worked or not. • What was the actual impact of the government policies? As objectively as possible, were there policies effective or not? Why?
q1. suppose that all the necessary conditions exist for the realization of equal wage rates in every market of labor
Denise and Christy have the same preferences and incomes. Just as Denise arrived at the theater to see a play, she discovered that she had lost the $20 ticket she had purchased earlier. If both Denise and Christy are rational and both have enough mon..
Explain how you imagine the invention of cheap electric cars would affect the demand for gasoline? Why? Which determinant of demand or supply would be affected? Show graphically with before and after curves on the same axes.
Also, 40% of cell phones are both Flashy and owned by Hipsters. Finally, if a cell phone is owned by a Granny, the probability of it being Dull is .98. What is the probability that a cell phone is both Dull and owned by a Hipster.
Suppose you borrow $25,000 to buy a new car at an annually compounded interest rate of 12% per year compounded monthly. The loan is to be paid back monthly for 4 years (48 payments total). How much will the monthly payment be?
What role does depreciation play in the Solow growth model? How would a decrease in the rate of depreciation (?) change the steady state level of capital and output? Illustrate using a diagram of the Solow Equilibrium. How would the model’s conclusio..
Toro Company is expanding its El Paso plastic molding plant as it continues to transfer work from Juarez, Mexico contractors. The plant bought a $1.1 million precision injection molding machine to make plastic parts for Toro lawn mowers, trimmers, an..
What are the advantages and disadvantages of a currency union? Describe the theory of optimum currency areas?
Consider the following: Clark was considered to have “thought out the concept of marginal utility and its influence on exchange value” without having read Jevons, even though Jevon’s had already published. Discuss how this affected his contributio..
Your firm must decide whether or not to introduce a new product. If you do so, then your rival may clone it and start producing a product that is very similar to yours. The one-time cost of developing the product for you is $100 million, the one-ti..
Find out the equation for the linear supply curve which fits this information. What would the new equilibrium price and quantity be if supply were to increase by 20%.
What is your opinion of this economics course? Did it meet your expectations? What suggestions can you offer for improvement of this course for future students? Is there a downside to the global economy evolving to be based completely and wholly on t..
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