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- NEWS WIRE NORTH KOREA'S ROCKETS DEEPEN FOOD CRISIS North Korea's Rocket Launches Cost $1.3 Billion North Korea's rocket program is costly. In December 2012 North Korea successfully launched a long-range rocket carrying a satellite into space. That feat cost $300 million. The entire cost of the rocket program last year - including the failed launch in April - totaled about $1.3 billion according to estimates by South Korea experts. With that much money North Korea could have purchased 4.6 million tons of corn - enough to feed its population for 4-5 years. North Korea's ambitious nuclear program costs nearly triple that amount. The burden of North Korea's military program is evident in widespread poverty and periodic starvation. Source: News accounts of December 2012 - January 2013. According to the News Wire, what is the opportunity cost of North Korea's rocket program in terms of corn for North Korea's 25 million people? million tons of cornHow has olive oil impacted the economy?examining some of the more specific socioeconomic challenges facing the United States today. These include (1) the decline of American manufacturing and the related problems posed by the outsourcing of jobs and the growing U. S. trade deficit; (2) business’s obsession with short-term results; and (3) changing attitudes toward work. Which of these challenges do you think is the most pressing and significant? What other challenges do you think face the United States today?
- What does Tax Burden Mean ( definition) ? a situation : The min for tax Burden is 43.6 by Sweden and the max is 97.7 by Oman. What does that indicate for those 2 countries. Is it better to be high or low ?The table below is extracted from Khada Republic, Bureau of Statistics records for 2019-2020. Use the information in this table to answer the questions that follow. Item Base year 2019 2020 Production Price Production Price Used cloth (units) 4,000 50.00 5000 60.00 Components used tractor factory production 8,000 500.00 11000 1,200.00 Cloth 8,000 25.00 12,000 30.00 Beef gifts during cultural festival 1,500 2.00 1,700 3.00 Milk litres 5,000 1.30 7,000 2.50 Computers 2000 500.00 2,500 600.00 Printers 500 300.00 400 355.00 Raw materials for car assembling plant 4500 250.00 4450 i. Calculate Khada Republic’s nominal GDP, real GDP in 2020 and GDP deflator ii. Examine the importance of a GDP deflator for Khada RepublicTyped plz And Asap Thanks
- The table below is extracted from Khada Republic, Bureau of Statistics records for 2019-2020. Use the information in this table to answer the questions that follow. Item Base year 2019 2020 Production Price Production Price Used cloth (units) 4,000 50.00 5000 60.00 Components used tractor factory production 8,000 500.00 11000 1,200.00 Cloth 8,000 25.00 12,000 30.00 Beef gifts during cultural festival 1,500 2.00 1,700 3.00 Milk litres 5,000 1.30 7,000 2.50 Computers 2000 500.00 2,500 600.00 Printers 500 300.00 400 355.00 Raw materials for car assembling plant 4500 250.00 4450 Calculate Khada Republic’s nominal GDP, real GDP in 2020 and GDP deflator Examine the importance of a GDP deflator for Khada RepublicResearch the amount of FDI Ireland receives each year and from whom. Discuss where that money is going, and what primary industries are being developed in that area. Discuss why you think the country is receiving the attention that it is receiving.Economic function for 1) president says more spending will fight recession 2) legislature passes funding for subsidized housing 3) new info from government agency helps consumers choose wisely
- * Assignment #16 NET WORTH Using the attached two articles on net worth: 1. Define net worth: 2. State a comparative analysis of net worth by race and ethnicity: 3. Describe how wealth measured in income, assets, and debts held by families affects the life chances of White, Black, Asian, Latino families. 4. How does 'net worth' affect the lives of people intersectionally? How does it affect your life chances? (use social indices) DELL Dr's Office/Units/ State Numbers2. The population of Tatoonia is very small. Luis works full-time for pay. Robin works one shift a week as counter help at a fast-food restaurant. Sheila is retired. Shawna does not work for pay, but is thinking about getting a job and has been looking through employment postings to see what is available. Bob has given up looking for work, after months of not finding anything. Ana, the only child in the country, is 12 years old. a. How would a household survey, following U.S. methods, classify each person? b. What is the labor force participation rate in Tatoonia? c. What is the unemployment rate in Tatoonia?In terms of Islamic Economic, what is the Muslim Consumer Behavior and why it is related to the economy?