1A. Calculate GDP per Capita for the current year and previous year.

1B. What is the annual growth rate of GDP per Capita? How do you find it?

1C. How do real GDP growth and population growth affect GDP per capita growth?

1D. Using your calculated figure in (1B), calculate the amount of GDP per capita (future value) after 18 years.

1E. Using the rule of 72, calculate how many years GDP per capita will be double.
72/growth rate = number of years to double the actual value

Describe how some immigrants to the US in the late 19th century sought personal fulfillment and how others sought to support their families and relatives.

Suppose you own an outdoor recreation company and you want to purchase all-terrain vehicles (ATVs) for your summer business and snowmobiles for your winter business. Your budget for new vehicles this year is $240,000. ATVs cost $8000 each and snowmobiles cost $12,000 each.

a.Draw a budget line for your purchase of new vehicles.

b. What is the opportunity cost of one ATV?

c. What is the opportunity cost of one snowmobile?

I need step by step solution to the following this question asap .I have limited time so please do it quickly with detailed explanation

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1. “Once a country has a big enough debt/GDP ratio, it is stuck in a trap, because austerity depresses growth.” Do you agree?

Externalities

1) Amanda owns an electric power plant in the city of Wetaskiwin. Francesca owns a laundry service next door to the power plant. Francesca's specialty in town is the “spring fresh” scent he achieves by air-drying laundry outside. In producing electricity, Amanda also produces smoke. Unfortunately, Amanda’s smoke dirties Francesca’s laundry, creating costs for Francesca of for each kwh Amanda produces.

(a) Draw a figure, with lines indicating the private and social cost to supply electricity as well as the private and social marginal benefit of producing electricity

(b) In your figure, shade in the social cost to society (total social and private costs) from producing the market equilibrium quantity of electricity.

(c) Suggest some possible solutions for this market failure.

An employer fired one of the employees because the employer did not like the employee's husband, who was a rather loud and obnoxious type. When he came to office parties, he routinely wore everyone's nerves to a frazzle. The employee does not have a contract with the employer and is not in a union. Does she have a cause of action for unjust dismissal?

valuate alternative theoretically explanations and perspectives of economic problems, issues and decisions in a global context

(3) Financing government services through user fees generally leads to a debate/comparison of fees v. taxes. Please describe and define a fee and a tax, identifying the significant differences between the two. Your answer should provide examples of each to support your analysis.

(4) "Sales taxes are fairer than income taxes because sales taxes cannot be avoided by the rich." Discuss & evaluate this idea, using tax policy concepts to provide support for your evaluation. Is it possible to design a sales tax that is more progressive than a personal income tax?

Q.1) Oil-rich countries in the Gulf, already confronted by strong labor protests, are facing renewed pressure from India to pay minimum wages for unskilled workers. With five million immigrant workers in the region, India is trying to win better conditions for their citizens.

source : International Herbal Tribune, March 27, 2008.

Suppose that the Gulf countries paid a minimum wage above the equilibrium wage to the Indian workers. Answer the following questions assuming that migrants to the Gulf are required to have jobs: that means the number of migrants cannot be larger than the quantity of labor demanded.

a) How would the market for labor be affected in the Gulf countries? Would migrant Indian workers be better off or worse off or unaffected by this minimum wage? Draw a supply and demand graph to illustrate your answers.

b) How would the market for labor be affected in India? Draw a supply and demand graph to illustrate your answer. Be careful: the minimum wage is in the Gulf countries, not in India.

( Microeconomics )

What are the major challenges that face expatriates while living abroad?

Please use your own words

What is the projected spending of health care as a percentage of GDP by 2040? How would this impact our economy?

What are the two elements of market failure most important and applicable to the study of cultural economics and especially to how access to some sites are priced and monitored?

Instructions from Professor:

1. What will you be looking for in a political candidate the next time you vote, in terms of economic philosophy and economic policies? What have you learned so far that has influenced your position? Have any of your ideas changed? Your essay should be at least 200 words.

Why does an economy need a rationing​ mechanism?

Suppose the demand functions facing a wireless telephone monopolist are QdL=100−200P for each low-demand consumer and QdH=120−200P for each high-demand consumer, where P is the per-minute price in dollars. The marginal cost is $0.02 per minute. Suppose the monopolist offers a menu of two-part tariff plans, with one plan intended for each type of consumer. Suppose too that for any per-minute price PL in the low-demand plan, the fixed fee in the low-demand plan leaves a low-demand consumer with zero surplus; that the number of minutes in the low-demand plan is capped at the number of minutes desired by a low-demand consumer at that plan's per-minute price; and that the high-demand plan has a per-minute price of $0.02 per minute and a fixed fee that leaves the high-demand consumer approximately indifferent between the low- and high-demand plans. Suppose that there are 100 high-demand consumers and 400 low-demand consumers. Will the monopolist's profit be higher when the per-minute price in the low-demand plan is $0.07 or $0.12? Instructions: Round your answers to 2 decimal places as needed.

a. Suppose the monopolist's per-minute price in the low-demand plan is $0.07.

Profit = $.

b. Now suppose the monopolist's per-minute price in the low-demand plan is $0.12.

Profit = $.

Suppose the demand functions facing a wireless telephone monopolist are

          QdL=60−200P

for each low-demand consumer and

          QdH=160−200P

for each high-demand consumer, where P is the per-minute price in dollars. The marginal cost is $0.10 per minute. Suppose the monopolist offers a menu of two-part tariff plans, with one plan intended for each type of consumer. Suppose too that for any per-minute price P_L in the low-demand plan, the fixed fee in the low-demand plan leaves a low-demand consumer with zero surplus; that the number of minutes in the low-demand plan is capped at the number of minutes desired by a low-demand consumer at that plan's per-minute price; and that the high-demand plan has a per-minute price of $0.10 per minute and a fixed fee that leaves the high-demand consumer approximately indifferent between the low- and high-demand plans. Suppose that there are 200 high-demand consumers and 400 low-demand consumers. Will the monopolist's profit be higher when the per-minute price in the low-demand plan is $0.15 or $0.20?

Instructions: Round your answers to 2 decimal places as needed.

a. Suppose the monopolist's per-minute price in the low-demand plan is $0.15.

    Profit = $.

b. Now suppose the monopolist's per-minute price in the low-demand plan is $0.20.

    Profit = $.