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What is meant by tied aid? Most nations have increasingly shifted from grants to loans and from untied to tied loans and grants. What are the major disadvantages of tied aid, especially when the aid comes in the form of interest-bearing loans?
Many controversial issues in public finance concern when a central authority should allow markets to work and when it should intervene. Generally we think of the government as the central authority, but it could be a university as well.
Elucidate how the steepness of the short run aggregate supply curve affects the government's ability to use fiscal policy to change real GDP.
What would happen to each firm's current profits if firm 1 reduced its price to $6 while firm 2 continued to charge $8?
Discuss the importance of the interest rate to individuals; in particular, comment on how changes in the interest rate affect income allocation - What is the relationship between interest rate risk and maturity?
How does the liquidity premium theory of the term structure of interest rates differ from the unbiased expectations theory? In a normal economic environment
In this very competitive climate, many companies are seeking ways to connect with customers in ways that add value. Mobile and wireless computing have become key focal points to attract and retain customers.
The Internet boom of late 1990s was hailed as the four advent of a new economy: that would radically alter the face of business companies. By 2002, however, it was clear that new economy had not arrived on schedule.
Suppose an economy has 10,000 people who are not working but looking and available for work and 90,000 people who are working. What is its unemployment rate?
How many units of housing would the government have to increase the supply of housing /in order to get the market equilibrium rental price to fall to $1500 per month? To $1000 per month? To $500 per month?
Explain the significance and implications of various economic theories pertaining to profit, consumer choice, demand and supply, forecasting and optimization.
What is the difference between gross domestic product and gross national product (GNP)? What is the difference in what GDP measures compared to GNP?
Distinguish macroeconomics and microeconomics. What is the difference between positive and nonnative economics? How can knowledge of positive economics be useful in normative economics?
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