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An emerging phenomenon in Sub-Sahara Africa is the economic growth being experienced in some of the region's poorest countries. Investigate and discuss the extent to which this economic growth can be described as 'African economic renaissance'. Consider recent FDI in Africa and evaluate the argument for and against the modern 'scramble for Africa' by developed countries.
Problem: Use the data in WAGE2.RAW for this exercise. (i) Consider the standard wage equation
assuming a 10% risk-free rate and a USD 110.00 debt due in one year, use the bond-spread approach of the Merton model to fill in the spread (in basis points) associated with the indicated level of the SPY investment in the table below: SPY value (..
bill gets utility satisfaction from two goods x and y according to the utility function uxy lnx lny. while bill would
Government Policies What are the policies Easterly cites as desirable? Conversely, what are some of the ways in which "Governments Can Kill Growth," as the chapter title put it?
A prudent tax system must meet certain essential qualities. Explain five indicators of a good tax system.
Wolfgang loves his rich wife but hates his boring job. He quits his job and start looking for a different one. Some jobs are available in his area of expertise, but it will take time for him to find them. During the time he is searching, he is cha..
1.what factors are important in determining the length of the imitation lag and the length of the demand lag?
What is the relationship between a country's savings, its government budget deficit, its domestic investment in physical capital, and its foreign investment?
As an economist, you have been asked to address a meeting of a group of international professionals to explain the differences between microeconomics and macroeconomics and to provide real-world examples.
Beth plans to manage the business, which means that she will have to quit her current job. Suppose that the interest rate (or rate of return) on investments in the economy is 6%.
Suppose that there is an increase in total factor productivity,which implies that all firms offer higher wages. In the search model of unemployment,determine the effects of this on the reservation wage and the long-run unemployment rate. Explain your..
1. What is null? 2. Can I have a static method in a class that implements a data type? 3. Are there other kinds of variables besides parameter, local, and instance variables?
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