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1. Do you consider Botswana's development process to have been a success? Why or why not? What specifically contributed to its development in the first ten years of independence?
2. What accounts for Botswana's current (circa 2014-2016) economic and political performance? Is the country's performance since the country gained its independence sustainable? Which institutional voids are most relevant to foreign investors considering entering the Botswana marketplace today?
In a certain economy, the multiplier for government purchases is 2 and the multiplier for changes in fixed taxes is 1.5. The government then proposes to raise both spending and taxes by $100 billion.
Evergreen Landscapers, Inc., owes Friendly Finance Company $5,000. Evergreen enters into a contract with Suburban Office Park under which Evergreen promises to maintain the landscaping on Suburban's property.
Briefly explain how each of the following changes the money supply.a. the central bank buys bonds b. the central bank raises the discount rate
Make an analysis by answering questions below. Suppose that the Bank of Ecoville has the following balance sheet and the Fed has a 10% reserve requirement in place:
1. Who has absolute advantange in chocolates Who has absolute advantage in shirts 2. Who has comparative advantage in chocolates Who has comparative advantage in shirts 3. If these nations trade freely, what does the U.S. import from Switzerland
The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. how much interest will the college earn on the investment.
Distinguish macroeconomics and microeconomics. What is the difference between positive and nonnative economics? How can knowledge of positive economics be useful in normative economics?
Elucidate and distinguish between the concentration ratio and the HHI. What ate the limitations of these measures within the context of the pharmaceutical industry.
Describe the lower price alter the marginal utility you originally placed on the item.
Ralph came to you, his lawyer, for advice and redress. He tells you his story and asks what he can do. You patiently explain to Ralph there are two theories of sexual harassment to pursue. What are they? And what are the elements of each theory..
You are the manager of a monopoly that sells a product to two groups of consumers in different parts of the country. Group 1's elasticity of demand is -4 while group 2's is -6. Your marginal cost of producing the product is 50. A determine your op..
Define in general the term "internalize the externality" and explain its application in this case. Discuss a policy other than a tax or subidy that could cause individuals to internalize the externality. Explain briefly.
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