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China vs. India
After analyzing the cost savings of both India and China, please give me your opinion on which country would be a better choice to manufacture our GPS product and your explanations as to why.
Bush proposed for government expenditures in the case of a recessionary gap? What is the effect of his policies on the federal government budget?
Find the velocity given that the market is in equilibrium. MD1 is the relevant curve and it is given that the real GDP is 30,000.
Given the data of real disposable income and real consumption, draw consumption function, determine the slope-What is the marginal propensity to consume?
Calculation problems should be proven by showing the process you used or the formula you applied to solve the problem.
Suppose the cross price elasticity of demand among peanut butter and grape jelly is negative.
Explain how would an increase in the present rate of oil affect the time of development if the rate of price increase in the future remains at 2%.
Explain how advertising can be employed to allow Tots-R-Us to keep price average above cost without encouraging entry.
The winners of the Nobel Prize in economic science were recently announced-who were they? For what contribution to our understanding of economics were they recognized?
A child of a wealthy family is deciding either to work or not work also mooch off her parents. Asume that she is offered a job which pays.
Draw a current budget constraint for an assumed single mother (net of child care costs) who loves leisure. Draw the new constraint. Discuss the likely effects on labor force participation and hours of work.
Construct a graph showing the outputs, and prices before and after the corrective taxes were imposed.
Describe the major difference between the law of demand and the law of supply. Consider the supply and demand schedules below.
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