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As an worker of the world bank you have been proposed to research the requirements of a country with a particular economic concern. For this project choose a nation and an economic concern such as population, unemployment etc. Search the library and internet for data sets for the concern that you have chosen. Select a second country and find data sets for the same concern that you identified in part 1. Answer the following questions:- Where were you able to find data sets?- What is the relationship between the variable that you selected and the economy.- What trends do you see in the data sets?
Support your assertions of trends with statistical evidence.
Elucidate the policy which change, you would recommend also how this change would be financed.
Discuss the components of Gross National Product? How does it understate aggregate production in Third World countries where substantial economic production may be consumed directly
Assume that the nominal wage rate equals 60. In the short-run, aggregate demand and aggregate supply are equal at a price level of 1.0.
If your payroll (budget) is increased to $120,000, what should you do to maximize the number of customers served?
Nancy Tai has recently opened a revolving charge account with MasterCard. Her credit limit is $1000, but she has not charged that much since starting the account.
Explain why does competition among traders affect how much of the gains to trade are given to the countries involved in the trade.
Given the industry's concern that workers shirk, they start employee at $10 and increase the pay by $0.40 each year they are on the job.
Propylene is used to make plastic. The propylene industry is perfectly competitive and each producer has a long run total expenses function given through
Fiscal policy refers to the use of government expenditures or tax policy to influence the aggregate demand for a specific purpose.
Make an analysis by answering questions below. Suppose that the Bank of Ecoville has the following balance sheet and the Fed has a 10% reserve requirement in place:
The manager of a national retailing outlet recently hired an economist to estimate the firm's production function. Based on the economist's report, the manager now knows that the firm's production function
Many would consider the US Postal Service a publically good. Is this assumption valid.
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