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Over the past fifteen years the Heritage Foundation and Wall Street Journal have joined forces to make an annual Index of Economic Freedom. This index defines ten-economic freedoms used to measure the level of economic freedom in countries around the world. Explore the website for the Index of Economic Freedom. Be sure to read the executive summary and pay particular attention to the graph labeled Economic Freedom and Poverty and the graph labeled Economic Freedom and Economic Growth before you leave the website.
Requirements: [a] Based on your reading of material from the Index of Economic Freedom, explain the relationship between economic freedom and variations in wealth among countries. [b] Select a country from the Index and bring in additional source material to explain its ranking and how it has changed over the last 5-10 years.
Compute the marginal cost in the given case. Illustrate what is the marginal cost with 8 workers to two decimal places.
Illustrate graphically why someone paid an yearly salary might be likely to shirk if monitoring is incomplete at the firm.
Huntington suggests that the emerging global economy will increasingly be faced with violent clashes between civilizations. Elucidate what Huntington means by the term civilization and why such clashes may be expected.
Explain how much utility will the marginal dollar yield.
Suppose that a perfectly competitive company is currenly producing 5,000 units of output and is earning $10,000 in total revenue.
Jim is considering quitting his work and utilizing his savings to start a small business. He expects that his costs will consist of a lease on the building, inventory, wages for two workers, electricity and insurance.
Assume that potential rural-urban migrant would work for two periods ( of some length) in either the rural or the urban area.
Illustrate what conditions is it possible to increase production of one good without decreasing production of another
Examine the tools of fiscal policy also explain how they are used to reduce inflation or eliminate a recession.
Explain how much is the market paying per share for growth opportunities. Exzplain what is your expected one-year holding period return on HP stock.
Due to the slow down economy, it is expected that there will be .7 million additional workers who will lose their jobs next month. Determine the expected unemployment rate for next month?
Make a paper in which you discuss market trends organization/industry will face. Explain your conclusions. In your paper address how each.
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