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Developing economies
Among the problems that hinder growth in developing economies are poor infrastructure, lack of financial institutions and a sound of money supply, a low saving rate, poor capital base, and a lack of foreign exchange. How these problems are connected with each other?
A firm has offices in London and New York. Fractional units of labor can be employed in each location (as part-timers can be hired) and the headquarters could be in either city.
What is Bill's opportunity cost of producing one hat, In which of the two activities does Mary have a comparative advantage.
As a government needs to increase tax income, it will often increase the sales tax on gasoline.
Illustrate what would you expect BRL-USD to do and by how much in one year.
Many home improvement retailers like Home Depot and lowes have low-price guarantee polices. Do these types of pricing strategies result in cutthroat competition and zero economic profits?
For an unknown reason, aliens kidnapped all immigrants residing in the US. One morning America wakes up and finds that the only people left in the country are American citizens, while all legal and illegal immigrants are gone.
What do you think it should have been a good idea for these airlines to cut their frequent-flyer programs in order to earn higher profits.
Discuss the impact of these relations in the economies of Europe, China, and the U.S. Create a table in Microsoft Word to present the data and your analysis based on the data.
Use the utility function to answer the questions, below: (x1, x2) = exp (√(x 1 ) + √(x 2 )-Derive the Marshallian (ordinary) demand function for good1 and 2, x i *(p,l), i =1,2 . Then derive the indirect utility function (p,l).
What is the hypothesized elasticity of demand for one product/service that is produced by the company (or a product/company you are familiar with)?
What could a president or other government policymaker do to raise a contry's standard of living.
Illustrate what is the impact of shifts of the aggregate demand curve on potential output. Illustrate your answers with a diagram.
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