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1. What is non-formal education? To what extent is non-formal education an alterna- tive for formal education?
2. To what extent is investment in education a necessary condition for economic development?
3. What is meant by the complementarities between investment in physical and human capital? Why are these important?
4. Discuss the factors that in?uence the success or failure of literacy programmes.
Suppose an airplane engine will fail (when the plane is in flight) with probability 1 - p. Failure of engines are statistically independent events. Suppose, also, that the plane will land successfully if at least half of its engines remain oper..
Under the assumptions of perfect competition:
suppose a consumer has 600 to spend on two goods good x and good y. the price of good x is given by px 20. the price
According to the law of comparative advantage, what should be the distinguishing characteristics of the goods a nation produces?
Determine the impact on the economy if the central bank in the U.S. used inflation targeting. Explain your rationale.
for every penny that the price of gasoline goes up the U.S. postal service experiance a monthly fuel cost increase of $8 million. State what assumptions you need to make to answer this question
The CFO of a U.S. firm whose wholly owned subsidiary in Mexico manufactures component parts for your U.S. assembly operations. The subsidiary has been financed by bank borrowings in the United States. One of your analysts told you that the Mexican pe..
Wonder bread is a normal good produced by the Wonder Bakery. Using clearly labeled Demand and Supply curves, show what will happen to the equilibrium price and quantity of Wonder bread in each of the following situations?
Presume the expected size of each cup of punch is 2 ounces and the standard deviation of the size of a cup is 1/2 ounce and each cup is poured independently. Presume each cup's size is independently drawn from the distribution. What is the approximat..
This is a very random question in my opinion. In many amusement parks, you pay an admission fee to the park but you do not need to pay for individual rides. How do people choose which rides to go on
1.economic growth .is driven by growth of technology growth of labor and growth of capital.is driven primarily by
Build your cost model but calculate labor, equipment depreciation, material, and facility costs separately. Then provide a total cost summary.
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