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1. To what extent have industrialisation strategies in developing countries been suc- cessful in the post-war period?
2. Is import substitution a necessary phase in industrialisation before a country can engage in exports?
An economy begins in long-run equilibrium and then a change in government regulations allows banks to start paying interest on checking accounts. Recall that the money stock is the sum of currency and demand deposits, including checking accounts
In the short-run, machinery is fixed also labor is variable for a business that uses only these two inputs. If, at the current level of output, marginal product of labor is declining
The table gives me Total product, average fixed cost, average variable cost, average total cost, marginal cost, and price. How do i decide if a firm can produce in the short run?
Describe and explain the interest parity concept using formal methods Explain IS and LM curve behavior and nominal interest rate in the domestic economy,
Describe why the following statement is true: It is possible for average variable cost (AVC) to rise while average total cost (ATC) declines.
A profit-maximizing company operating in a perfectly competitive market can sell products for $100 a unit. The company has a cost function represented by:
Technological change eliminates thousands of jobs every year. Unless something is done to slow the growth of technology, ordinary workers will face a bleak future of low wages and high unemployment." Explain why you either agree or disagree with this..
Industries and business practices that are exempt from the antitrust laws are (Labor Unions, Public Utilities - electric, gas, and telephone companies, Professional Baseball, Cooperative activities among U.S. exporters, Hospitals, Public Transit a..
suppose a single parent can work up to 16 hours per day at a wage rate of 10.00 per hour. various income maintenance
A firm has Total Costs (TC) of $12,000 over the next three months (TOTAL for the 3 months - not per month), of which $8,000 are fixed costs (TFC) for rent on its lease that cannot be broken. If it stays in business over those months, then the firm..
Consider cartel pricing, the price leadership model, and the kinked demand curve model. Which of these three models predicts price stability in oligopoly and which predict price instability, that is, unpredictable ups and downs in the level of pri..
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 relat..
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