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I just want a one page answer to this discussion question.
How does Mexico's GDP per person compare to that of the United States? Discuss the different approaches economists can use to make this calculation.
In economics, demand for a product is considered downward sloping. This implies that quantity demanded rise when price reduce.
In the late 1990's "mad cow" disease caused people to buy less beef. It also caused the European Union to ban imported British beef and the British government to ban the sale of older cattle. What is the effect of the above on price and quantity o..
Culture defines the way of life of a particular people. Researchers state that culture does not exist where there is no comparison. The culture of any country is hence identified by comparing two or more cultures.
Discuss the cyclical behaviour of the budget deficit in South Africa and provide an explanation for this behaviour. (half a page with references)
Bright Future, Ltd (BF) is a non-profit foundation providing medical treatment to emotionally distressed children. Determine the optimal amount of service provided by BF.
assume that a leader country has real gdp per capita of 40000 whereas a follower country has real gdp per capita of
Consider that demand elasticity is defined as the percentage change in quantity divided
suppose demand and supply are given by qd 50 -p and qs12p-10.a. what are the equilibrium quantity and price in this
1. organize yourselves into groups. each group is to have two or three members.2. brainstorm and select a well-defined
If the Federal Reserve sells government bonds, will short-term interest rates rise or fall. Explain how this will affect aggregate demand and the rate of growth of the economy.
Explain the difference between a short-run production function. Cite one example of this difference in a business situation Explain the relationship between a firm's short-run production function and its short-run cost function. Focus on the margin..
Grocery stores and gas stations in large cities would appear to be examples of near-perfectly competitive markets because there are numerous small sellers, each seller is a price taker, and the products are quite similar. Do you agree with this st..
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