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Use the data on U.S. real GDP below to compute real GDP per person for each year. Then use these numbers to compute the percentage increase in real GDP per person from 1987 to 2005.
Year REAL GDP (2000 prices) population
1987 $6,435,000 million 243 million2005 $11.092,000 million 296.6 million
Determine some of the technological advances in telecommunications and transportation that have impacted global business in the last decade?
What did Adam Smith mean when he wrote "Seldom do businessmen of the same trade get together but that it results in some detriment to the general public"?
Discuss and explain the major provisions of the North American Free trade Area (NAFTA) agreement. Briefly discuss the major benefits of NAFTA to the U.S. economy.
what's the difference between Protestant work ethic(PWE) and Worldly protestant asceticism(WPA)? more importantly, please explain weber's idea of "worldly protestant asceticism" and how it gave rise to financial capitalism.
Suppose if the U.S. productivity growth does not keep up with that of its trading partners, the U.S. will quickly lose its international competitivesness and not be able to export any products, and its standard of living will fall.
A possible international monetary regime consists of a world central bank controlling monetary policy and issuing a single currency used throughout the world.
terrorst attacks foster inability and may affect productivity over the short and long term. Do you think the september 11, 2001, terrorist attacks on the World Trade Center and the Pentagon affected short-and/or long-term productivity in the Unite..
Can today's dynamic low-income countries break through the past structural and institutional barriers - causes for success and economic conditions
The Ecuadorian Sucre is trading for $0.000425 today and you are redeeming an Ecuadorian 1-year bill that you bpught one year ago when the Sucre was at $0.0005.
Imagine that Guatemala (which borders Mexico to the southwest) has been invited to join NAFTA. Discuss the most likely static and dynamic effects on both Guatemala and the U.S.
Alu City is a manufacturer of aluminum products for building industry and has experienced a high growth rate due to an increased demand. The corporation shares are currently being traded at 410 cents each share.
Suppose that the following output and labor hours for Russia and Germany in manufacturing Wheat and Cloths
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