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Q1. Assume you were appoint as an adviser to a developing country and you were versed in the theory of production, the historical role of medicine also the modern-day health production functions studies. Their government seeks counsel on the wisdom of a relative emphasis on health and health investment versus other forms of economic investment. What would be your advice?
Q2. The price of a basket of goods also services in the U.S. is $600. In Canada the similar basket of goods costs 700 Canadian dollars. If the insignificant exchange rate were 1.2 Canadian dollars per U.S. dollar, elucidate the real exchange rate?
What are price indexes designed to measure. Outline how they are construed. When GDP and other and other income figures are compared across time periods.
One day you arrive to discover that the coffee shop has changed its name to Five bucks and is now charging $5 per cup.
Assume there are no other countries willing to trade goods, so when there is no trade between these two countries, each country consumes the amount of wheat and clothing it produces.
A facility for a production plant can be purchased for 155,000 with a down payment of 25,000.
Suppose the government increases G to 1250. Compute private saving, public saving, and national saving and the new equilibrium interest rate.
Advantages and disadvantages of cigarette money in this prison economy in terms of these 6 criteria.
Explain how is the cross elasticity theory used to empirically define economic markets.
How would equal educational achievement and equal income.
Roma was a schoolteacher and earned $40,000. But she enjoys creating cartoons, so at the beginning of 2003, Roma quit teaching.
If there was a capital gain tax of 30 percent, what is the after-tax real interest rate, with the inflation rate of 8 percent.
A new Taurus bought in 1994 cost $18,680 and it could have been sold as used in 1995 for $12,600.
What is the unregulated competitive equilibrium. What is the unregulated monopoly equilibrium.
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