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Describe the effects of these diseases on the economies of these countries. Make sure you discuss the sources of economic growth and the use of scarce resource.
Comment on this trade-off between equity and growth. How would you go about resolving the issue if you were the president of a small, poor country?
Explain how capital accumulation leads to economic growth. What plans would you implement to increase per capita GDP?
How much debt was forgiven during that year in each of the countries involved? What are the expected benefits to those countries?
Explain why that position is inaccurate. Concentrate on agricultural pricing policies and distributional issues.
How does peer lending used in microfinance help to solve the problem of adverse selection?
As an economic consultant, what policy recommendations would you make for the economic development of Ishtar?
Do you recall the meaning of the elasticity of demand? perfect competition? factor markets? the production frontier? the law of diminishing returns?
How the change in input price, change in input productivity and changes in the legal institution environment relate to shift of Aggregate supply?
What is meant by Effective Exchange rate? Explain with examples how Nominal and Real Effective exchange rate are measured in an economy.
What is the probability that stocking steel will result in a negative present worth (PW)? How much should we be willing to pay this firm for their forecast?
Define monetary policy and who implements monetary policy. Identify the tools of monetary policy and the intended goals of using this policy.
What direct effects do higher interest rates have on household and firm behavior?
Explain why the implementation lag is generally longer and the response lag is generally shorter for fiscal policy than they are for monetary policy.
Explain why stabilization policy may be difficult to carry out. How is it possible that stabilization policies can actually be destabilizing?
What would be the increase in annual consumption expenditures? What would happen to GDP growth as a result?
How is it possible for output to increase without a proportional increase in the number of workers?
Explain how the simple Keynesian model and the life-cycle theory differ with respect to how this $50,000 jackpot might influence your consumption.
What impact would you expect increases and decreases in home value to have on the consumption behavior of home owners? Explain.
How much will Adam consume this year and next year? How did you arrive at your answer? What happens to his consumption this year? in succeeding years?
Why do expectations play such an important role in investment demand? How, if at all, does this explain why investment is so volatile?
At this rate of growth, how long does Okun's Law predict it would take for the economy to return to the unemployment rate of November 2007?
How should Jetson decide on the optimal level of inventory? How would a change in interest rates affect the optimal level of inventory?
In what ways does it help a developing country to transfer and use a new technology in its country? What are the costs?
Which of these two firms would you expect to have more significant adjustment costs? Which firm would be more likely to hold excess labor?