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About how much of the world's income goes to the richest 20 percent? How much goes to the world's poorest 40 percent?
What factors are generally considered responsible for GDP growth in developed countries? Have factors responsible for growth been same in developed countries?
Do you think the Millennium Development Goals realistic or achievable? What does mixed success in achieving them so far say about current development policies?
What you know is just where it is on a world map and who its neighbors are. Considering the varieties of sources of economic growth.
o Define the purpose and function of money o Explain how the central bank manages a nation’s monetary system.
Question: Do you think politicians understand macroeconomics? Please give an example to illustrate your answer.
In which of the following ways is a monopolist different from a perfect competitor?
Write a 700 to 1050 word paper on the U.S. Federal Reserve's monetary policy Q1. Define the purpose and function of money
What is "Gross Domestic Product" (GDP), and how is it determined each month? What does the term "Recession" mean and how do we know when one occurs?
What will be the effect on the budget gap, that is, on the difference between government spending and tax revenues? Explain.
The Environmental Protection Agency has agreed to issue new air-pollution rules for coal- and oil-fired power plants by November 2011
Use the Heckscher-Ohlin/factor proportions framework with two factors, skilled and unskilled labor, to evaluate the following arguments.
How would you use these cost revenue estimates to determine whether sales force increase (or possibly a decrease) is warranted?
Q1. Estimate the demand equation for new cars of the form Y = a +b1X1 + b2X2 + b3X3 + b4X4
What measures the fed should take to reduce the unemployment rate and expand the economy.
"An increase in transfers (TR) will not affect the level of real GDP or the real money supply in a fully employed economy."
Determine the equilibrium levels of output and employment in this private closed economy. What are the sizes of the MPC and MPS?
"Unemployment can be caused by a decrease of aggregate demand or a decrease of aggregate supply". In each case, specify the price-level outcomes.
Suppose the United States increases the tariff on automobiles imported from Germany. What is the effect of this tariff-rate increase on:
Describe the relationship between each of the variables based on the experience of the U.S. economy over the past 30 years. (a) GDP and unemployment rate
Why is frictional unemployment important to have in any economy? Explain why hyperinflation has such a devastating impact on economies.
Will the increase in government spending increase employment and aggregate output in the short-run? Why?
Q1. Why are there more women in the workforce now than previous decades?
Question: Explain how labor market equilibrium is affected by the supply and demand of labor.
Calculate the level of savings before and after the shift in consumption and, therefore, the savings function. How do you explain this result?