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Two indicators of economic development include Gross Domestic Product (GDP) and the Human Development Index (HDI). What is the difference between these two ways of measuring levels of economic development? Identify an advantage and disadvantage of each.
What are the stages in the marketing research process? What is the marketing research method you would use to conduct marketing research for this soap? Why would you choose this method? How would you use marketing research to make recommendatio..
Provide reasons to explain what the government would have to do to keep the unemployment rate
Explain why might intangible resources such as human capital and intellectual assets be a more likely source of sustainable competitive advantage than tangible resources.
Illustrate what will happen to the input prices wages (w) and rental rate of capital (r) after this change in technology.
Draw a graph of the UK labour market that shows the demand for labour, the supply of labour, and the real wage rate in 1973 and 2003. Draw a graph of the UK production function in 1973 and 2003. Make sure your graph shows potential GDP in both year..
Elucidate how the topic you chose relates to the growth of US banking overseas.
Macro-economics is perhaps most divisive area of economics. Macro economists divide themselves into different schools of thought. Two of the biggest camps are the Keynesians and the Monetarists.
What is your opinion and will you support another stimulus package? Why or why not?
What is your price elasticity of demand for gasoline and why? How important is fuel efficiency to you (particularly if you have purchased a car in the past three or four years)? Do your driving habits change as the price of gasoline changes?
Describe various goods you either buy or sell at your workplace that are price elastic.
ACME Corporation consists of 250 grocery stores throughout the Midwest. At the starting of 2008 its statement of net worth showed the following data,
Assume that initially the goods and services market is in equilibrium at potential of output and that the government budget is balanced,
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