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The annual rate of growth of real GDP in a developing nation is 0.3 percent. Initially, the countries' population was stable from year to year. Recently, however, a significant increase in the nation's birth rate has raised the annual rate of population growth to 0.5 percent.
Answer the following questions:What was the rate of growth of per capita real GDP before the increase in population growth?If the rate of growth of real GDP remains unchanged, what is the new rate of growth of per capita real GDP following the increase in the birthrate?
Elucidate the macroeconomic and microeconomic concepts and how they relate to the management of a global organization.
Production Possibilities Tables for Germany and Canada (note that we are assuming that opportunity costs remain constant along the production possibilities frontier), and that each country produces only these two products).
Explain how can this concept be applied to the activities of profit making companies and profit loosing companies or to the revenue and costs components of a firm's net profit.
Suppose the Federal Reserve lowers its target for the federal funds rate six times in seven months while the European Central Bank leaves its target for short term interest rates unchanged.
Explain whether the evidence above suggests whether the dollar is appreciating or depreciating relative to the Euro. What is your conclusion? Explain how you come to that conclusion.
Is the company charging the optimal price for the product. Demonstrate how you know.
Explain why do some economists argue that reduction in the rate of taxation and capital gains can actually increase tax revenue collected from such gains.
managerial economics to analyze the reasons for and against the merger, also to assess the performance of the consolidated company since its completion.
The socio-economic shortcomings that China experienced
Prove that a diminishing marginal rate of substitution either implies nor is implied by diminishing marginal utility.
Explain why a monopolist will never set a price (and produce the corresponding output) at which the demand is price-inelastic.
Diffentiate among short-run and long-run and consider the role of expectations.
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