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Lets say the US plans to spend billions of dollars on a mission to Mars. List a few of the possible opportunity costs of the mission. What resources will be used to execute the mission, and what do we sacrifice by using these resources in a mission to Mars?
Write a brief for the Central Banker of Ireland, outlining your recommendation on the interest rate that should be set at the next policy meeting.
What kings of long-term benefits and/or costs result from such a strike Draw some assumptions. Maybe the variables are what is the current wage and how long the strick will last, how much money will be lost. Are unions in the business of selling w..
How much have prices risen between 2000 and 2010? Compare the answers given by the Laspeyres and Passche price indexes.
Explain why the labor demand curve slopes downward. Recall that there are 2 reasons.
In the following question briefly describe how the exchange rate for the dollar would likely change in the short-run (ceteris paribus) and state whether the dollar appreciates or depreciate.
Work out the effects of the following changes on 1. International price of bananas 2. Output of both goods in both countries.(Show the changes in world relative supply and demand curves and the PPF of each country).
What is the arc elasticity of demand for the London Times and what happened to income as a result of the decline in the price?
Suppose that the economy is currently at potential output. Also suppose tht you are an economic policy maker and that a you have been asked to rank if possible, your most preferred to least preferred type of shock: positive demand shock
Findout the number of hours of skilled labor also the number of hours of unskilled labor which minimized the price of doing the project.
According to economist, if savings equal $5 trillion and spending equals $100 trillion, what will investment equal?
Describe free trade harm the environment. Environmentalists argue that trade liberalization harms the environment.
Assume a country that basically consumes 100 pairs of shoes per hour, all of which are imported. The price of shoes is $40 per pair before a ban on importing them is imposed.
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