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Assume that a country’s real growth is 2 percent per year, while its real deficit is rising 5 percent a year.
a. Can the country continue to afford such deficits indefinitely?
b. What problems might it face in the future?
How does the problem of limited and bundled choice in the public sector relate to economic efficiency? Why are public bureaucracies alleged to be less efficient than private enterprises?
define the term strategy and discuss how a strategy is related to the interaction between information technology and
Write a grant proposal aimed at receiving funding for a programme that you expect to run in anarea (village) of a developing country of your choice.
1. a poor person who has an income of 1000 receives 100 worth of food stamps. draw the budget constraint if the food
1. why does rent control result in a shortage of rental units?2. any time there is a shortage of a good it means that
Is the Euro Zone an optimal currency area? Discuss whether the empirical facts support the theoretical conclusion that it is.
1. munger and interviewer roberts begin by presenting a paradox. what do they mean when they say that firms are
regarding the four attributes of perfect competition (many small firms, freedom of entry, standardized product, and perfect information): a) which is primarily responsible for the fact that the demand curve of a perfectly competitive firm is horiz..
An improvement in soft drink bottling technology and an increase in the prices of sugar and high- fructose corn syrup.
who benefits from a tariff or quota? who loses? why would domestic markets benefit from protectionist trade policies?
What explanation for monetary impotence was supported by the events of the Great Depression?
Daily commuter demand is variable, yet stable and known. Demand for sporting events is uncertain, and depends on the quality of the match, as well as on unpredictable events, like the weather. How would you price these two events differently
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