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The World Bank Doing Business Indicators measure the extent of business regulations in countries around the world. Compare the U.S., France, Japan, Brazil, and Nigeria in terms of how easily contracts are enforced, how property can be registered, and how investors can be protected. Identify in which area you see the greatest variation from one country to the next?
What can be said about the benefits and problems of each dimension (economic, cultural, political and environmental) of globalization? Is globalization a positive force overall? Why or why not?
Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one cup of coffee, one donut, and one newspaper. In year one, the basket costs $8.00.
When companies in oligopolistic industries announce a proposed merger, it is often met with resistance from antitrust authorities (such as the Federal Trade Commission (FTC) and the Department of Justice (DOJ) in the U.S.). In the U.S., we have seen ..
What is GDP comprised of? Also tell me about net domestic product and national income. If I told you that: GDP was $5 trillion Depreciation was $500 billion and indirect business taxes were $300 billion. How would you calculate the net domestic produ..
Give a detailed explanation about Elucidate how the engineer's income generation as described above affects GDP
The inverse demand for a product is P(Q) = 100 − (1/2)Q. Production is associated with a marginal private cost, MCP(Q) = Q, and a constant marginal external cost, MCE = 25. What is the unregulated equilibrium? (Define in terms of price and quantity...
Abenomics seems to me like a straightforward and modern plan of economic revelation through monetary easing and some attempt at structural reform. While it's still early, it looks like many of the predicted effects of this approach have begun to mate..
What are some alternative explanations for observing among MBA graduates that a greater percentage of men than women reach the highest ranks (e.g., president, CEO) within their firms?
Compute the range of demand for which each location has a cost advantage. Which plant location is best if demand is 30,000 units?
If equilibrium national income is 3,500 billion while the national income and output (GDP) necessary for full employment is 3,900 billion (assuming an MPC of 0.6) then. What is the size of the GDP gap? What size change in government spending would el..
Illustrate what does such a combination mean to this economy. Explain in detail being sure to discuss such a combination relative to resource utilization and efficiency.
All else equal, in an open economy, how would an increase in the marginal propensity to import (MPI) affect the government purchases multiplier?
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