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Draw the Lorenz curves for the rural and urban populations for 1998 and 2010. Be sure to carefully label your axes.
a. What do they tell you about changes in inequality over time in Mexico?
b. Based on the changes in the Lorenz cure, is the Gini Coefficient likely to be increasing or decreasing over time? Why?
q.an existing company is considering expanding into a new product line that will use the same factory as its existing
q1. if the us economy is operating near full employment and the exchange rate increases the dollar appreciates explain
The election of a new Congress causes consumer confidence to soar as expectations of future economic growth are solid.
Does either firm have a dominant strategy. Is there a stable equilibrium.
Find the amount of capital and labor that will maximize profit. Show second order conditions for the maximum.
q.suppose that a citys energy demand is 30 megawatts during off-peak times and 40 megawatts at its peak. the city has
A firm sells a product in a purely competitive market. Illustrate what would the price of wheat be in the absence of trade.
Illustrate what do you think are the defining characters of a science. does the study of the economy have these characteristics.
Question: What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.)? What fiscal policies and monetary policies would be appropriate at this time?
Suppose that average household in a state consumes 800 gallons of gasoline per year. A 20-cent gasoline tax is introduced, coupled with a $160 annual tax rebate per household. Will household be better or worse off under new program.
q.you are watching national news broadcast with your parents. the news anchor clarifies that the exchange rate for the
q1. if you are the chief economist of a country experiencing high unemployment as well as flat gdp what macroeconomic
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