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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.
The global economy in 2011 appears to be headed into a double-dip recession. Based on your knowledge of aggregate demand and aggregate supply, suggest the reasons and causes for the downward tailspin of the economy.
How does an active fiscal policy helps or hinder long-run growth in the economy.
Suppose there are two airlines, each one runs one flight a day to Chicago. Delta runs one at 8AM and United runs one at 6PM. There are 100 people whose preferences are evenly distributed between 8AM and 6PM. Each consumer values the flight at $300..
Substantiate your response with reasons and references to the textbook, lesson presentation, or Websites on the Internet.
If the economy is at point C, what is the cost of one more automobile and forklift ?
Illustrtae what are the nominal rates of interest for both the United States and the euro area?
A sharp decrease in housing prices makes people much less wealthy. If the primary effect of this decreased wealth is felt on labor supply, what happens to the level of employment and the real wage rate if the labor supply function is positively re..
Illustrate what is the logic of a firm setting and exercising the application of a mandatory retirement age? What are the pros and cons of the mandatory retirement practice from the perspective.
If Tarzan also Jane are each nation willing to give-up on hour of patrol for 2 pounds of fruit, is the current allocation of Cheetah's time Pareto efficient.
What does the term "quantity demanded" refer to? A. It refers to both the amount of a good that consumers want to buy at a specified price and the amount that suppliers want to sell at that specified price B. It refers to the demand for a good over..
All stratified societies have groups of individuals that do not produce, but still receive a ‘cut' of the social surplus. How does Diamond (in his book) argue that these ‘privileged' individuals manage to convince productive members of society to ..
Using a diagram of the labor market, show the effect of an increase in the minimum wage on the wage paid to workers, the number of workers supplied, the number of workers demanded, and the amount of unemployment.
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