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Nominal GNP in Kenya was 9 billion shillings in 1967 and 135 billion shillings in 1987. The price level in Kenya (using 1980 as a base year) rose from 40 in 1967 to 200 in 1987, and the population of Kenya increased from 10 million to 22 million in those twenty years. What was the total percentage change in real GNP per capita in Kenya from 1967 to 1987?
The staff budget for the Wellness Center for the coming semester is $1,200.00. Each member of the medical staff costs $60 and each member of the counseling staff costs $30. (a) Determine the optimal combination of medical and counseling staff for t..
The InterCell Company wants to participate in the upcoming World Fair. To participate, the firm needs to spend $1 million in year zero to develop a showcase. The showcase will produce a cash flow of $2.5 million at the end of year one.
Could this be done differently, such as through JAD sessions or having the users review the program on a weekly basis, rather than taking the users away from their real jobs to work on development?
What is the change in the real money supply between years 1 and 2, 2 and 3, and 3 and 4?
According to the neo-classical theory of wage setting, discrimination should be gradually weeded out of the labour market. Explain why this should be the case according to that theory. Discrimination, however, seems to endure.
Does their experience lend support for the infant industry argument or help to argue against it?
suppose that there are 80 firms in a market each with the following cost functioncq 100 4q2a. derive the short-run
Office building maintenance plans call for the stripping, waxing, and buffing of ceramic floor tiles. This work is contracted out to maintenance firms, and both technology and labor requirements are very basic. Supply and demand conditions in this..
consider a representative consumer with preferences over consumption and leisure given by U(C,L)=C^2/3 L^1/3 assume that she has a total of h=18 hours a day which she can use for leisure or trade in the market for a wage rate w.
Use the midpoint formula to compute the price elasticity of supply for copper. (Related to Application 4 on page 529.)
Discuss the associations that you can see in this data. What is the nature of the possible errors?
An investment of $10000 generates a net revenue of $15000 per year for 10 years with the salvage values $20000 is this a good investment at i = 10% annually also determine the IRR
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