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Some people against trade will argue that "trade makes workers become unemployment". ONLY based on H-O model, do you agree or disagree that "in thelong run, trade makes workers become unemployment". Why?
Assume for a perfectly competitive firm that MC = AVC at $12, MC = ATC at $20, and MC = MR at $16. On the basis of this information, the firm should not be in production. Do you agree?
(a) Based on dividing the amount of interest equally between the first and second halves of the year, state the rate of interest for a 6-month period (simple interest method).
Draw a diagram depicting a small importing country with a nonprohibitiveimport tariff (T) in place. On the diagram indicate the tariff rate and theequivalent import quota (Q) that would generate the same domestic price.
If the cross-price elasticity of demand between two goods is negative, then the two goods are:
Define the high school and college graduate dummies in Stata and add them to your regression model, impact on your interpretation of the coefficient on the restaurndummy
How is the value of different currency deteremined, and what factors conribute to making one currency stronger than the other?
Simultaneous changes in supply and demand affect equilibrium price and quantity in various ways, depending on the relative magnitudes of the changes in supply and demand. Equal increases in supply and demand, for example, leave equilibrium price u..
Why are most labor unions--whose constituents receive wages substantially above the minimum wage strong supporters of the minimum wage Why might unions composed of skilled workers who are pure complements in production with raw materials produced
Suppose that the ecomony is operating below full employment and that it will not overheat during the year.
What is meant by tied aid? Most nations have increasingly shifted from grants to loans and from untied to tied loans and grants. What are the major disadvantages of tied aid, especially when the aid comes in the form of interest-bearing loans?
Describe how these changes might impact stakeholder relationships your organization has with financial institutions.
Suppose that the government decreases spending by $100 billion. What happens to aggregate demand? What is the likely effect on prices and output?
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