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One of the objectives of the European Union is to abolish restrictions on the free movement of all factors of production, including labor, services, and capital. Considering the latest financial crisis in Cyprus, would you suggest modifying the EU Charter to expel countries who don’t maintain sound financial conditions in the country? Why?/or why not?
When comparing the distribution of wealth to the distribution of income, it can be noted that
If the American auto companies make a breakthroufh in automobile technology and are able to produce a car that gets 70 miles to the gallon, what will happen to the value of the dollar? Use the demand-supply model of the dollar to explain.
When workers already have a large quantity of capital to use in producing goods and services, giving them an additional unit of capital increases their productivity only slightly.
A business traveler to Germany who, upon deplaning in Berlin, uses an airport ATM to withdraw 100 Euros from her U.S. bank would receive which kind of exchange rate?
Illustrate what is the difference between absolute advantage and comparative advantage. If a country has an absolute advantage in both goods.
Analyze several indicators of the macroeconomic conditions in an economy, such as GDP, unemployment, CPI, and other indicators such as interest rates, income.
Arian is about to borrow $3,903.71 from his uncle. He has an option to repay the loan at the end of year 6 with 9.73% simple interest per year or with 6.77% interest per year, compounded annually. What is the difference of the total interest paid ove..
explain how and why a monopolist would try to price-discriminate: Providing air travel for business people and tourists; A fast-food restaurant that serves business people and retired people
q1. qd680-9p0.006m-4pr where m is income and pr is the cost of a related good. from this relationship it is apparent
Use the two big questions of economics and the economic way of thinking to answer the following questions about the economic life of a homeless man.
describe how current economic conditions affect your organization or one with which you are familiar. Identify most important economic indicator affecting your organization and elucidate why.
Evaluate Rusal's prediction by using the demand and supply equations to make a prediction about the movement of world aluminum price.
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