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a How quickly will a country with a real national income growth rate of 1% per year double its national income?1- What if the national income growth rate is 3%?2- In each case, what is the rate of income per capita growth if population is growing at 2% PER YEAR?3- Using the information in part c above, how many years will it take for the population to double.
b. Consider the fertility motives in rural areas of developing countries. Suppose that mortality among children remains constant, but the incidence of that mortality shifted from early childhood to late childhood. Would you expect any impacts in average fertility as a result of this factor alone? Which one or ones and why and why not?
Provide reasons to explain what the government would have to do to keep the unemployment rate
Explain the science of economics in the presence of making a profit with scarce resources
explain how much will real GDP change. Explain how the concept of comparative advantage was relevant to the trade negotiations.
Is the price system a "just" or "fair" way to allocate products: What about medical Services-What are substitution and income effects related to the Law of Demand?
Explain how would you relate the hiring practices of that industry or industries to fluctuations in the business cycle.
Discuss how absolute advantage and comparative advantage differ? Kyle can read 20 pages of the economics in an hour. He can also read 50 pages of history in an hour. He spends 5 hours pre day studying. Draw Kyle's production possibilities fron..
To maximize total income should the price be increased or decreased
At the end of 2002, the (1-year) interest rate was 1% in the U.S., and 26% in Argentina. Recall that at the same time, the spot rate for the Argentine currency was Peso 4.00/$.
Illustrate what policy actions have the Federal Reserve taken to confirm that direction.
Illustrate what is more important for them to monitor and target, inflation or interest rates.
Describe the point elasticity of demand with respect to advertisement
Compute the linear function equation if drink consumption is a linear function of the number of students.
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