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1. Write a one-page (maximum) critique of the Human Development Index. [Note: A critique applies critical thinking to an issue; it allows one to point out strengths as well as weaknesses.] 2. State and defend an opinion on the following statement: "The debate about convergence is irrelevant for analyzing the real challenges facing less-developed countries." One page maximum.
bulls eye department store specializes in the sales of discounted clothing shoes household items etc. similar to the
What was the actual (ex post) real return?
the airline market was deeply impacted by the recession of 2008 and by the following slow recovery. describe
Identify & describe two different roles that interest rates play in the economy. Does a change in an interest rate indicate that a change in some part of the economy is occurring Explain.
Discuss why is it difficult to estimate who is and who is not in the labor force? What consequence does this have, if any, for the labor market indicator?
the demand for a product can change due to many factors. Distinguish between a chang in demand and change in quantity demand. What are the determiniants of demand What are the determinants of suppy
Further, assume that the countries have similar resource endowments and that, initially, they are not trading with each other. Therefore, each of the countries has to produce both rice and tea for its citizens. Suppose that, in the no-trade situat..
the widget market is competitive and includes no transaction costs. suppliers are willing to sell five widgets at 30
Assume the firm can produce 5000 units of out put by combining its fixed capital with 100 units of labor and 450 units of raw materials. What are the total cost and average total cost of producing 5000 units of output?
would consumers benefit more from a tariff or a quota on imports? provide one 1 supporting fact to support your
Describe the difference between rise in demand and an increase in quantity demanded, through giving an example of what would cause an rise in quantity demanded
You do not need to provide actual numbers; rather, show on the price axis where the price would be before the externality is considered and the price after the externality is included. What problems might exist in determining this new, externality..
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