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Will developing nations like the United States suffer from the loss of high - skilled and high- paying jobs to developing nations?Is there a difference between transferring high- paying white collar jobs, such as computer programming and accounting, to developing nations, and sending low-paying blue collar jobs offshore? If so, what is the difference, and should government do anything to stop the flow of white collar jobs out of the country to countries like in India?
What is your opinion and will you support another stimulus package? Why or why not?
Suppose the Economy has the following relationships in the Goods Market?
When will the Fed want to raise the Federal funds rate? What is the ultimate effect on real GDP and the inflation rate from raising the federal funds rate?
Imagine a sales tax rate is 3%. This tax rate isthe same on all purchases. The tax is not considered aproportional tax. If it is not considered a proportional tax,what kind of tax is it? Explain your answer. Use anumerical example to prove your answe..
Consider the following data, which applies to Avataria and Twilightia in the years 1990 and 2010. In both countries the production function in per worker terms is: y = A(k)^1/2(h)^1/2. Country; Year; Output per worker, y; Physical capital per..
Assume the elasticity of demand for chewing tobacco is .60 and the elasticity of supply is 2.30. Suppose an anit-chewing tobacco campaign decreases the demand for chewing tobacco by 18%. The equilibrium price of chewing tobacco will decrease by ..
Say if the following statement is true or false and why-Exports depend only on the demand of foreign countries for our products and therefore our exporting
The marginal external expenses associated with air pollution increases with the yearly output of a polluting industry.
irvine aerospace of santa ana california was awarded a 5 year contract to develop an advanced space capsule airbag
the president of the united states has been elected on the promise of fiscal responsibility. by law he cannot reduce
A new type of robot is invented, resulting in increased productivity across all industries and the U.S. Federal Reserve increases its money supply. What happens to the U.S. economy and the Canadian economy?
At a price of $40, what output level would the firm produce? What would its profits be
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