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Q1. Discuss the problems of measuring productivity in actual work situations. How might productivity be measured for each of the following industries? Education (e.g. elementary and secondary education, higher education- undergraduate and graduate), government (e.g. social security office and the internal revenue service) and finance (banks, insurance companies and brokerage houses)?
Q2. In what ways and to what extent did coffee production contributed to the growth and development of the Brazilian economy before 1930?
q.consider the following islm model for a closed economyc4000.4yd i2000.3y-2000i g360t400 mp4y-100000ims2600 10
Estimate how companies need to bridge the gap between the current state and the e-business state.
Explain how does the government decide to use one form of remedy rather than the other.
According to the rule for optimal input usage, a firm should hire a person as long as her marginal revenue product is greater than her marginal cost to the company. In offering such training programs, is a company violating the optimality rule?
Adam Smith rejected utility as a foundation for value. He illustrates this rejection in his famous diamonds and water paradox. Briefly explain how the cognitive switch from total utility to marginal utility resolves this paradox.
Avoid having developed economies regress to a Smoot-Hawley type of isolationism or protectionism to avoid job losses in import-competing sectors.
number of items dry cleaned and p is the price of each item in dollars. What price will he sell services at?
utilizes the Keynesian cross to predict the impact on equilibrium GDP of equal-sized rise in both the government purchases also taxes
Explain how will the economy change over time. Explain in words and using an aggregate-demand/aggregate-supply diagram.
Illustrate what assumptions do you make in answering this question. Illustrate what distortions do you think would appear in economy if such a tax were introduced.
If the market price of the product is 270, how much output should the firm produce in order to maximize profit. How much profit will this firm make.
Write down the decision box which combines the letter grade and the amount of fun you have into a single payoff for each outcome.
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