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Suppose that a government that is the sole buyer of a crop offers farmers $2.00 per ton of maize (corn), while the market price across the border is $2.50 per ton. What will be the impact on the production of maize? Will it affect the production of other crops? Will the government likely be able to buy all the output?
A project consists of 20 activities whose duration time estimates in days are given below activity duration activity duration
Explain how does the Heckscher-Ohlin theory differ from Ricardian theory in explaining international trade patterns.
What, in your opinion, has caused the recession, and how does your explanation fit within the AD-AS model? For example, please indicate whether the cause(s) that you describe resulted in a shift of AD or AS or both
Provide an argument for or against trade. Explain your reasons. What should government do to support your argument.
In relation to trade, give real examples as the motivation for trade in an economic perspective.
Illustrate what effect would a period of rapid inflation likely have on the role of money.
Use quintiles to briefly summarize the degree of income in equality in the united states. how and to what extent does government reduce income inequality?
Explain how would this affect the elasticity of demand for gasoline
Calculate the yearly approximate interest cost of not taking a discount using the following scenarios. What conclusion can be drawn from the calculations?
What determine the quantity of corn we grow, homes we build, and health care survives we produce. Sixty years ago farm output was 5% of the total US production now it is 1 percent.
Participate in a discussion regarding marginal benefit and marginal cost. Review the "EYE on the Benefit and Cost of School" caption titled, Did You Make the Right Decision? on page 15 in the textbook.
Select a nation from the Index and bring in additional source material to explain its ranking and how it has changed over the last 5-10 years.
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