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Why should a country industrialized? What are the salient features of china's industrialization after 1980?
Microeconomics, Economics
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Question: India and China have roughly the same size population, and although per capita GDP in China is probably somewhat larger, the difference is not very great. Labor costs are lower in India than in China, and in sp ...
Question: Assume that the production function is given by Y = A K^.4 L^.6 where Y = National Income = GDP, K = 100, L = 400, and A = 10. a. Calculate National Income (Y)? Derive the equation for the marginal product of l ...
Question: For this scholarly activity, develop a supporting human resource (HR) plan for an organizational strategy. Research a company that has undergone (or attempted to undergo) a shift in organization or culture with ...
Question: There are three consumers A, B and C. Consumer A is willing to pay 8-3F dollars for a unit of flowers for the public square, B is willing to pay 2-3F dollars for a unit of flowers, and C is willing to pay 9-3F ...
Question: Suppose that twenty-five years ago a country had nominal GDP of $1,800, a GDP deflator of 150, and a population of 100. Today it has nominal GDP of $2,800, a GDP deflator of 270, and population of 180. What hap ...
Question: A student makes the following argument: A price floor reduces the amount of a product that consumers buy because it keeps the price above the competitive market equilibrium. A price ceiling, though, increases t ...
Question: A daily production function for yo-yo's is Q = I2L^1/2 + 8K^1/2. Show all your work for the following questions. (Use calculus for this problem where relevant: delta Q/delta L^-1/2 and delta Q/delta K = 4K^-1/2 ...
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