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The U.S. at the end of World War II stood as the world preeminent superpower, with new discovered political and economic wealth. To what degree, if any, has U.S. ascendancy on world stage affected notions of federalism? Has the federal government achieved more power in the post-World War II era? Or, have notions of federalism remained static despite economic, political, and social changes in the United States?
Suppose that government imposed price ceiling on gasoline in order to prevent values from getting too high. Determine the economic implications of this action in the gasoline markets?
The consumption function is given by C = 200 + 0.75(Y - T ). The investment function is I = 200 - 25r, r is the real interest rate. Government buy and taxes are both 100.
Your relatives advise to you that our country should stop trading with other countries because imports take away jobs and lower our national well-being.
Determine which of the following transactions would contribute to a United State current account surplus and why? Make sure that you justify, in every case, explain why the transaction would or would not contribute to a current account surplus.
In September 2003, a United State retailer wants to buy canola oil from a Canadian farm. At that time in Canada, one barrel of canola oil value C$2.
Following the reduce in the demand for the Baht, has the Baht appreciated or depreciated in relation to the United State dollar?
If the average price of goods in Europe increase from 100 in year 2000 to 130 in year 2010. If the average price of goods in the U.S. rises from 120 in year 2000 to 140 in year 2010.
Describe how economies benefit from specialization and exchange. Economics is not my strong suit. If there is a way to describe this to me in laymans terms along with an example;
Suppose the effect of monetary policy on the exchange rate value of the dollar. Estimate the effect of expansionary monetary policy on each of the following.
Based on your reading, which market structure is more applicable for the market for building commercial aircrafts, when there are two major manufacturers of the commercial airplanes and little possibility of entry by new firms:
A FX dealer in London normally quotes spot, 1M, 3M and 6M forward. When you ask over the phone for current quotes for YEN or USD you hear "111.43 to 51, 52 to 48, 150 to 144, 337 to 205"
Define brand equity and discuss what a firm can do to maintain brand equity. Discuss Product Life Cycle Concept and include the relative amounts of sales and profit during each stage.
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