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1) Why might improvements in children's public health care services lower fertility?
2) Explain what is meant by urban bias. What are the major effects of urban bias?
3) Generally speaking, higher income countries tend to have less income inequality than low income countries, however this does not always hold true. What could cause a low income country to have low income inequality?
4) What is human capital and why is it crucial to expand human capital as part of the development process?
Given the Production Function: Q = 21X + 9X2 - X3, where Q = Output, and X = Input . At what value of X does Stage II of the production function begin?
you are assigned the task of computing the variable capital and labor costs for cost cutters production level. below is
What is the underground economy? What is the impact on the underground economy of instituting a tax on a certain productive activity?
According to liquidity preference theory, if the quantity of money supplied is greater than the quantity demanded, then the interest rate will. Fiscal policy makers are working to increase Aggregate Demand to the greatest extent they can. They have $..
It is possible to construct situations in which a consumer can find several points that all maximize her utility. Take the case of perfect substitutes. In Figure S.1.5, we have four indifference curves for perfect substitutes.
There are two types of used cars on the market: Lemons and Cherries. Lemons are worth $200 to sellers and $600 to buyers. Cherries are worth $800 to sellers and $1200 to buyers. Buyers know how many cars of each type are available for sale, but they ..
The fashion (clothing), consumer electronics, fine fragrance industries are knwon to practice or have practiced resale price maintenance. In each case,indicate the probable motivation for RPM and the likely welfare consequences.
1. for each of the following determine whether it is a private good public good common resource or a club good.a.
Suppose an economy goes from no liquidity constraint to liquidity constraint. What will happen to fiscal policy power to change the level of income?
In the competitive market, the market demand is Qd=48 - 5p and the market supply is Qs = 7P. The equilibrium price is4
Your decision to pursue a higher-level degree is based on investment in human capital. What are the marginal costs and benefits of pursuing additional education and the inherent risks associated with this decision
the government stimulus package implemented during the recession of 2007-09 was needed since built-in stabilizers are
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