Economic development depending heavily on manufacturing

Assignment Help Business Economics
Reference no: EM131379937

Past successes in economic development depending heavily on manufacturing. With the information revolution and the emphasis on service, is this still true? What does India tell us about this? What advantages does India have over other countries?

Reference no: EM131379937

Questions Cloud

Suppose that the currency-to-deposit ratio : Suppose that the currency-to-deposit ratio is 40 percent and that the excess reserve ratio is 1 percent, whereas the required reserve ratio is 9 percent. Calculate the effect of an open market sale of $10m on the money supply (M), checkable deposits ..
Predatory and non-predatory response to entry : What is predation? What is the Chicago school criticism of predation and what is the counterargument to this criticism? Give four non-predatory reasons as to why firms respond aggressively to entry. Is there any evidence that can allow one to disting..
Some scholar criticize the imf for imposing harsh terms : Some scholar criticize the IMF for imposing harsh terms in its conditionality agreements with poor countries. Others applaud them for requiring reforms before giving any funds. If you were a world leader negotiating with the IMF, what would you be wi..
Moral hazard problem in the banking industry : If reserve requirements were set equal to 100 percent, there would be no moral hazard problem in the banking industry. If the reserve requirements on all deposits were set equal to 0, then the Federal Reserve would lose control of the money supply. I..
Economic development depending heavily on manufacturing : Past successes in economic development depending heavily on manufacturing. With the information revolution and the emphasis on service, is this still true? What does India tell us about this? What advantages does India have over other countries?
Banks are known to act as financial intermediaries : Banks are known to act as financial intermediaries. Between whom do banks serve this function?
What happened with monetary base : In the last few years, Nigeria, the African continent's largest economy, has been plagued with growing insecurity problems following numerous acts of violence perpetrated by the insurgent group Boko Haram. The Nigerian economy is currently positioned..
Evaluating drilling project located in state protected area : Allman Bros. Exploration Company is evaluating a drilling project located in a state protected area. The project would require a proper permit, at a cost of $500,000, before any well can be drilled. Prepare, in good form, a decision tree for this pro..
Bounded nature of rationality : The behavioral economist Robert Frank speaks of the bounded nature of rationality in his 2008 interview (Challenge 2008) and discusses the axiom of the independence of irrelevant alternatives in rational choice theory. Using the examples he uses, dis..

Reviews

Write a Review

Business Economics Questions & Answers

  Bank modernization legislation changed

Bank modernization legislation changed what financial institutions are able to do on an individual basis. Much of their traditional role has remained unchanged, just transformed by their expanded services. Explain the traditional roles of financial i..

  Change in compensation is reason for the increased profits

Recently, the owner of a Trader Joe’s franchise decided to change how she compensated her top manager. Last year, she paid him a fixed salary of $65,000 and her store made $130,000 in profits (not counting payment to her top manager). Assuming the ch..

  What is the present value of the annuity

A 15-year annuity pays $2,200 per month, and payments are made at the end of each month. If the interest rate is 10 percent compounded monthly for the first seven years, and 6 percent compounded monthly thereafter, what is the present value of the an..

  Identify the pure strategy nash equilibrium for the game

Identify which strategies survive iterated elimination of dominated strategies. Identify the pure strategy Nash equilibrium for the game. Construct mixed-strategy Nash equilibrium for the game.

  What does the high degree of effective control of the world

What does the high degree of effective control of the world economy by 'the corporate tribe,' along with the extreme concentration of personal wealth in the United States in the hands of the same individuals.

  Draw utility function over income

Suppose that Natasha's utility function is given by u(l) = I^0.5, where I represents annual income in thousands of dollars. Is Natasha risk loving, risk neutral, or risk averse? Explain, Draw a utility function over income u(I) tha describes a man wh..

  What directive they should give to the open market desk

They ask you what directive they should give to the open market desk. you tell them , being as specific as possibel, using the money multiplier. they ask you for two other ways they could have achieved the same end. You tell them.

  Explain the short run shut down rule

A firm currently uses 40,000 workers to produce 180,000 units of output per day. The daily wage per worker is $100, and the price of the firm's output is $28. The cost of other variable inputs is $500,000 per day. Calculate the firm’s profit or loss...

  What accounts for the differences in elasticity

Identify two goods each whose demands exhibits (a) high income elasticity, (b) low income elasticity, (c) high price elasticity, and (d) low price elasticity. What accounts for the differences in elasticity?

  The government subsidizes the cost of schooling by an amount

Use the following FOC for schooling: f'(s) = r(f(s) + c(s)), in which s is total time in school (e.g., years of school attained), f(s) is the adult wage while working, and c(s) is the direct cost of school (tuition, transport, uniforms, etc.). For th..

  Equations which describe an is­lm economy

Recall the following equations which describe an IS­LM economy: C(Y­T)= C1+b*(Y­T) I(r) = I1 ­ d*r G = G1 , T = T 1 Md= L1+e*Y­f*r r e a l M s = MP Suppose the economy is described by the following equations: C(Y −T)=40+0.7*(Y −T) I(r) = 300 − 30r G ..

  Favorite case study from the modules forum

Analyze your chosen topic from the basis of our course content by beginning with an underlined thesis statement (purpose) in the first paragraph. Then use each paragraph to analyze a separate concept, theory, or principle from the text which helps ex..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd