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Description of Economic issues
Currently, AIDS is spreading rapidly in China and India. If the governments of these nations fail to stop the spread of AIDS, what are the likely consequences for future economic grow5th in China and India?
In 1989, a massive protest against political repression in China was halted by the government's massacre of more than 150 individuals at Tiananment Square in Beijing. What impact do you think that episode had on foreign investment and growth in China during the years immediately thereafter?
Most of the advances in institutions in China have come in the cities rather than in the countryside. Indeed, local officials in farming villages actively redistribute wealth among villagers to keep the distribution of income among local farmers roughly equal. This a farmers' success or failure with this crops has little impact on his family's standard of living. Given thise facts, where do you think the economic growth in China has occurred over the past thirty years, in the cities or in the farms? Explain.
Explain how the following factors will influence India's ability to compete in a highly competitive, rapidly changing global market place: (a) an educational system that is largely state-operated and that emphasizes job security for teachers and professors; (b) a transportation infrastructure that is largely antiquated and in disrepair; and (c) a political system that is adept at protecting favored constituents from competition and handing out favors that have concentrated benefits and widely dispersed costs
Assume x and y are the only two goods a person consumes. If after a rise in p x , the quantity demanded of y decreases, one could say
If average variable price are assumed to remain constant over a 10 percent increase in output, evaluate the effects of the proposed price cut on total profits.
Illustrate the difference in the price elasticity of demand for an individual firm in a perfectly competitive industry as compared with a monopolist.
Explain how would you decide also what was the best level of emission reduction. Why do you think your approach would be better than others.
Elucidate the difference among a monopoly and an oligopoly, the welfare effects of monopoly, cost advantages that create monopolies, government actions that create monopolies, and government actions that reduce market power.
Describe the maximum insurance premium that the individual is prepared to pay.
Elucidate which of the following theories of expectations holds that individuals usa all information available in forming expectations.
Elucidate entity establishes a price ceiling also does it require government sanction for violators
Explain how might a high school student's experience with inflation differ from an employed urban adult.
Which of these would cause the demand curve for bison (American buffalo)
the knowledge you have collected in this course on monetary and fiscal policy actions, critically describe the transmission process.
Describe what effect a contractionary fiscal policy would've on the price level and real GDP starting from full employment equilibrium.
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