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Assignment
Each question needs at least 50 words minimum
APA Format
Minimum of one reference per question. Please put the Part number as the header so I will know which one it is. Thanks.
Part 1
Discuss the five main types of regional trade agreements. What are their primary characteristics?
Part 2
In addition to the production and consumption side deadweight losses, what are some of the other potential costs of tariffs?
Part 3
Is the budget deficit of a country linked to its current account balance? How so? Explain how it is possible for the Parted States' current account deficit to grow while the budget deficit has disappeared.
Part 4
In a crisis not caused by macroeconomic imbalances, economists are uncertain whether a country should try to guard against recession or try to defend its currency. Why are these mutually exclusive and what are the pros and cons of each alternative?
Part 5
How does Mexico's GDP per person compare to that of the Parted States? Discuss the different approaches economists can use to make this calculation.
If the price of a good decreases, the substitution effect shows the increase in the quantity of the good demanded, holding income constant.
Public goods can be produced by either the government or the private sector. Private goods can be produced in either sector as well. The problem is that the market tends to underproduce public goods and overproduce private goods.
initally, the number of tools per worker was higher in Hermes than in Gobbiedigook. From 2015 to 2065, capital per worker rises by one unit in each country. the one- unit change in capital per worker causes prodactivity in Hermes to rise by a amon..
using the quantity theory of money answer the following questionsa. if the money supply increases show the three
(Bank Deregulation) Some economists argue that deregulating the interest rates that could be paid on deposits combined with deposit insurance led to the insolvency of many depository institutions.
The approximate number of years it takes for real GOP pee person in Japan (0 double if the real GDP economic growth rate returns to 3 percent a year and the population growth race is maintained
Draw indifference curves to represent the following types of consumer preferences-I like peanut butter, but neither like nor dislike jelly.
Illustrate what effects could be taken, comprising monetary and-or fiscal policies
What are the long-run macroeconomic goals? What is long-run macroeconomic equilibrium? How the goals are relate to the macroeconomic equilibrium?
Unlike equity, debt is unforgiving if the firm performs poorly. If a firm goes bankrupt, debtholders have the right to repossess funds and exercise their residual control rights about how the funds will be spent. Thus, under debt financing, debtho..
(a) Distinguish between returns to variable proportions and returns to scale. (b) Explain the following concepts:
Which economic systems would be most suitable for a country: centrally planned, mixed economy, or market economy? Since Canada is the #1 trading partner with the USA, focus specifically on Canada.
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