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What strategies should Walmart follow to succeed in a market like Africa with its low income level and high poverty incidence? Do you think its low-cost model will be successful in Africa? Give reasons to support your answer
Discuss the short and the long-run impacts of the following scenarios on the interest rate (r) price level (P), and national income (Y) level, consumption, investment and real money balances, using the IS-LM model (diagram). Discuss the short and lon..
In the futures market, marking to market is a process that: A. Involves a transfer of risk. B. Always requires the sellers of contracts to transfer funds to the buyers of contracts. C. Buyers and sellers can request for an additional fee when the con..
how many pineapples will she consume? If her income increases to $120, how many grapefruits will she consume? Are grapefruits a normal or inferior good?
Let's try to define the attributes of a good follower. What does it take to be a good follower? How can we support the leader in our team? What are some ways we can avoid hindering leadership?
Requiring every American to get mandatory health care insurance has been a controversial part of health care reform debates in the United States. Putting aside other arguments for or against mandatory coverage, this policy would reduce
Do the following events represent business transactions? Explain your answer in each case.
Explain how does the price elasticity of demand for corn oil influence the quantity-demanded of corn oil and the Total Revenue earned by sellers of corn oil. Explain, using economic terms, why this is so.
Set up a Ricardo-type comparative advantage numerical example with two countries and two goods. Distinguish “absolute advantage” from “comparative advantage” in the context of your example. Then select an international terms-or-trade ratio and explai..
The owner of a small printing company is considering the purchase of additional printing equipment to expand her business. If the owner expands the business and sales are high, projected profits (minus the cost of the equipment) should be $90,000; Ar..
The country of Meditor uses the merit as its currency. What were its consumption and government expenditures on goods and services.
No additional working capital is needed and no working capital will be returned. If your tax rate is 35% and you require a 14% return on your investment, what bid price should you submit?
Suppose now that the country imposing the export tax in part (a) of this question is a “large” country rather than a “small” country. Is it an advantage or a disadvantage for a country to be “large” rather than “small” when it imposes an export tax? ..
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