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The factor-endowment theory suggests you should trade in the products that you can make from the production factors and resources you naturally possess. Depending on the country in which you live, identify in what your country should trade and what your country should import. Explain your answer in as much detail as possible.
Suppose you are using risk-benefit analysis to evaluate a policy aimed at limitingthe use of a pesticide applied to grain crops. Describe the risks and benefits that would have to be estimated to conduct this analysis properly.
identify a good or service with which you are familiar. what factors have contributed to changes in the supply of and
question 1. suppose ve rational roommates are deciding on a place to have coee together. there are four alternatives
Briefly explain the relationship between the natural rate of unemployment and potential output
Find the Herfindahl index for an industry composed of (a)three firms-one with 70 percent of the market, and the other two with 20 and 10 percent of the market, respectively; (b) one firm with a 50 percent share of the market and 10 other equalized fi..
The Cactus Corporation is considering investing in a project A with a 2-year life. An initial investment of $600 must be made now, and the following real cash inflows with their associated probabilities are expected to begin a year from now:
1. What would be true of entitlement spending rose to 100 percent and the federal budget was balanced? (Hint: Under a balanced budget, tax revenues equal the sum of discretionary expenditures.) 2.How would entitlement spending be funded if ta..
Economic Factors and the Impact on Aggregate Supply and Aggregate Demand
In the last half-century there have been three additional rounds of GATT/WTO negotiations. Discuss the achievements and failures of each of these rounds, and summarize.
Summer is traditionally a time of increased demand for oil because of the many families driving and flying to vacation sites. What would be the combined effect of these two events on the summer market for gasoline
Presume the demand and supply curves for one-year discount bonds with the face value of $1,000 are given by: What is the equilibrium price and quantity of bonds in this market? What is the interest rate in this market, given your answers above?
Consider a profit maximizing firm producing a differentiated product by use of capital and labour. Although the firm can use both capital and labour as inputs, and it is fairly easy to substitute between these inputs, the firm relies heavily on la..
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