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The World Bank is currently advising newly industrialized countries on how to encourage growth and they have asked for your help.
• Using the Internet, library, or other resources, research and briefly explain 2-3 methods currently being used to encourage economic growth for the typical firm in Hong Kong and for the typical firm in Singapore.
• Which of these methods of encouraging growth would you suggest for the typical company in Hong Kong and Singapore?
• Explain the rationale for your choice.
When 50 employees are used, the average product of labor is 50 and the marginal product of 50th worker is 75.
Suppose we are at a long-run equilibrium point in an AD-AS model. Then the money supply falls. In the short run, is there any difference between what happens in the simple quantity theory of money (SQTM) version and the monetarist version of the m..
Using summation notation, write an expression for the Net Present Value expressed in real dollars, assuming the cost of medical care will rise 3 percent faster than other prices. Using summation notation, write an expression for the Net Present V..
Expalin how is the above stimulus bill going to be financed. According to the (Keynesian) theory, does it matter where the money comes from.
If a country wants to keep its exchange rate from changing, it must give up some control over its money supply. Is this statement true, false, or uncertain? Explain your answer.
when potential output grows 4 percent per year. Suppose also that the Fed is following the Taylor rule, with an inflation rate of 2 percent over the past year. The federal funds rate is currently 3 percent.
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1. movie tickets prices increased by 5 and resulted in a 8 drop in sales. what is the price elasticity of demand?2. if
Sun City, Arizona, a retirement community that features full service living arrangements, is planning two proposals to provide lawn care to elderly residents.
In today's market, Ford and Chevrolet produce small cars that are designed to compete with Korean made small cars. The American cars are slightly larger and slightly more expensive.
Assume that the reserve requirement is 5%. All other things equal, will the money supply expand more if the Federal Reserve busy $2,000 worth of bonds or if someone deposits in a bank $2,000 that he had been hiding in his cookie jar? If one creates m..
Why should the govt monitor money supply? If we are in recession today, which one of the three tools of monetary policy would you suggest and why (you must select from one of the 3 Monetary tools: Reserve requirements, Discount rates, or Open-Market ..
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