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Q. Many developing countries in the "Global South" turned to socialism in the past as a means to solve their economic troubles. At present, in the light of the evident failure of socialism, many of these countries seek to create fast growth through the establishment of "market economies."
Using South Africa, identify which of the five market economy policies this country appears to be subsequent. Explicate how you approach this result.
Speculate about the likelihood of success of achieving a prosperous market economy for this country. Explicate which among the policies is most effective and least effective for this nation? Provide a rationale with your answer.
You promise to cut tax rates, increase transfers and government purchases, reduce the governments budget deficit and reduce the governments debt as a fraction of the gdp. If elected, is it possible for you to keep all of your campaign promises.
Illustrate what is the effect on equilibrium price and quantity in the market for oranges if a new orange picking machine is developed.
In the context of share holder maximization model of a firm, what is the expected impact of each of the event on the value of the firm?
Illustrate what are the no-trade monopoly equilibrium price and quantity of apples produced at home now.
q1. which of the following is not a possible explanation as to why wage inequality increased markedly over the last 40
Find out the optimal price-quantity if the firm can price discriminate but cannot charge a two part tariff.
Could trade help reduce poverty in Brazil and other developing countries. How do product and factor prices and wages eventually equalize between the two countries.
Suppose its GDP grows by 1% in the next year and the budget deficit is again $100 billion. Compute its new level of national debt and its new debt-GDP ratio.
We talked about customer relations being about the little things. Now we are looking at trends. Can you reconcile the little things with the trends in customer relations? To help get started, identify and discuss several 'little things' and trends in..
Suppose the short-run production function is q = 6L^2. If the wage is $12 per unit of labor, then: What is the average variable cost?
Explain how did the marketer of which product you purchased direct each of those four elements of the marketing mix to influence your purchase?
Infinitely Repeated Cournot Duopoly: Alice and Bob each operate each operate a firm in a quantity setting (Cournot) duopoly game. Let the cost of a unit for Alice and Bob be 6
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