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Using the historical tables from the Budget of the US government, utilize the website to determine where the US government allocates its expenditures.
Examine Table 3.1 on Outlays by Superfunction and Function. Consider what government functions have been capturing growing shares or declining shares of government spending in recent years.
Select one of the government functions and describe in a brief summary whether it has seen an increase or decrease in government spending over the past 10 to 15 years. For the function you have selected, is it related to the problem of addressing externalities, providing public goods or dealing with other market failures. Does it appear to be related to political functions instead of economic functions?
Compute the expected value (revenue) from each project. Compute the coefficient of variation of each project, and find out which project should the company choose. Compute the variance and standard deviation of expected value from each project.
Assume you were given the following data for an economy without government spending, exports, or income. C is desired consumption, I is desired investment,
A firm in an oligopolistic company has the following demand and total cost equations Maximum quantity at which profit will be at least $850.
Discuss the nature of social and labor issues that domestic manufacturers will likely face with their international suppliers. Why is it usefull to understand the cultural background of a foreign supplier.
Over the last three years, as the result of decreasing prices for digital cameras, the price of developing traditional 35mm film has increased 5% yesrly. How would I go about graphing this impact on the market for 35mm cameras.
Compute point price elasticity of demand for this product.
Compute the equilibrium interest rate. Compute the amount of investment demand, private saving, and national saving at the equilibrium interest rate.
Explain why would this be described as a Prisoner's Dilemma game.
make a paragraph in which you discuss market trends that McDonald's will face. Explain your conclusions. In your paper address how each of the following will change or will not change, and why.
Lets say that as an worker of the World Bank that I have been proposed to research the requires of a country with a particular economic concern.
Describe the Product Life Cycle Concept and include the relative amounts of sales and profit during each stage.
Compute the cross-price elasticity of demand between goods X and Y at the given prices.
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