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Based on the arguments , do the incentives of U.S. senators (who serve six years terms) differ from those of the members of the House of Representives (who serve two-year terms) when it comes to engaging in long term planning of construction andmaintenance projects ? Would the imposition of term limits, which constrain politicians in the number of years they can serve, improve or impair their longterm incentives?
What was the workers' marginal product last year? What is it this year and what is the elasticity of demand for Zamboni air filters?
Provide three arguments for trade restrictions. Since economists do not trade restrictions, make the case as an economist against trade restrictions for these three items.
Ross Perot added his memorable "insight" to the debate over the North American Free Trade Agreement when he warned that passage of NAFTA would make a "giant sucking sound" as United State employers shipped jobs to Mexico,
Explain why is the population shape a concern when estimating a mean and what effect does sample size, n, have on the estimation of mean?
Explain the changing economic variables in China that influenced McDonald's expansion strategies. Discuss What market model best describes the relationship between McDonalds and KFC in China?
Determine the role would technology play if there was a move to harmonization of accounting standards across countries? Explain your reasoning.
Decko Corporation is a United State firm with a Chinese subsidiary that produces cell phones in China and sells them in Japan. This subsidiary pays its wages and its rent in Chinese yuan,
Assume that following two programes take place in the market for Kuwait's currency, the dinar; The United States demand for oil, Kuwait's main export good,
Suppose that with a given unit of labour, India can manufacture 40 basketball hoops or 60 basketballs and Nepal can manufacture 10 basketball hoops or 30 basketballs.
determine which factor is the most difficult to measure accurately. Make recommendations on how the factor you identified can be measured more accurately. Determine how each of the business cycles contributed to the expansion of the U.S. economy c..
Discuss the difference between a traditional monopoly and a natural monopoly. Include the following points in your discussion. Identify the incentives to produce and price the product for a traditional monopoly and natural monopoly.
Two individuals are having a picnic. Jane brings eight litres of soft drinks and two sandwiches. Bob, on the other hand, has two litres of soft drinks and four sandwiches.
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