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1.Discuss this statement: "Free traders win the economic arguments, but protectionists (those who favor tariffs) often win the elections."
2. Do you believe that American consumers should boycott goods made by exploited workers in Less Developed Countries? Explain why this might or might not work..
3. Suppose Country A can produce 200 toys or 400 pineapples per day, while Country B can produce 300 toys or 900 pineapples per day. Where do the comparative advantatges lie? Should trade take place?
a doctoral student has just completed a study for her dissertation and found the following demand and supply schedules
If the minimum wage is raised above the market rte for teenage labor, what will happen to the quantity of labor supplied by teens, the quantity of teen labor demanded by employers, and the number of teens unemployed.
assume an economy with an ae curve with a slope of 1 where a one percent change in real interest rates changes real gdp
describe when and why central banks buy either their own currency or the currency of another nation in an effort to
In other situations it would be reasonable for a purely competitive wheat farmer to raise his price per bushel because he could reduce his variable costs by selling less at a higher price. True or false, and why?
Describe the point elasticity of demand with respect to advertisement
Calculates the percent return to the investment in new air facilities to be 12 percent. Will net benefits from resource use increase as a result of construction of new air travel facilities?
suppose the position of political candidates on all issues can be ranked on a scale ranging from conservative to
Suppose that the assumption in key concept are satisfied. Show that X i is a valid instrument. That is, show that key concept 12.3 is satisfied with Z i = X i .
For the protons labeled Ha and Hb in the structure below, predict the characteristics of their signals in the 1H NMR spectrum: the approximate chemical shift, the splitting pattern, and the integration value of their signals.
Are the Marshallian demand functions scale invariant (i.e. homogeneous of degree zero)? Are the goods Giffen?
Describe how exchange rates are determined using supply and demand. What is the date and source of your exchange rates.
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