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during the past 5 decades there has been a shift in the composition of the federal budget toward more spending on income transfers and health care and a smaller share for national defense. Does economics indicate that this change will help Americans achieve higher living standards?
In 1968 and 1980, the United States economy experienced a slowdown in productivity incremental. However, since the mid 1980s, economy has experienced higher in the growth rate in productivity.
Assume the dollar-pound rate equals $.5 per pound. According to purchasing power parity theory, determine the dollar's exchange rate under each of the following scenarios?
Create key strategies for designing an effective organizational structure and facilitating development of VRI's global team.
Suppose you are the Economic Advisor to the President of the U.S. Your task is to make a framework for economic policy and issues. During one of your briefing sessions in the White House,
If the relative wage w/w* for US decreases to 5 due to productivity changes, which country would now be exporter of books, and why?
Discuss why are manufacturers’ new orders, nondefense capital goods, an appropriate leading indicator and explain w hy is the index of industrial production an appropriate coincident indicator?
A big level of international trade protectionism is required if developing nations are going to be able to industrialize and develop their own domestic industries in face of fierce foreign competition.
Does this change in the value of the dollar make imports cheaper or more expensive for Americans Are American exports cheaper or more expensive for importers of U.S. goods in Great Britain Illustrate by showing the price of a U.S. cell phone in ..
Calculate the percentage change in the money supply if the cash reserve ratio were instead reduced to 6%. Explain your results and illustrate your answers in both cases with the appropriate diagrams.
As an option to standards, one rule proposal is use of allow trading among point sources of water pollution. Provide some major reason why this is advantageous from an economic perspective & from an environmental perspective.
In the value process, the estimation of the has historically been somewhat neglected in relation to the other steps in the process.
Housing price models can be estimated with time-series as well as cross-sectional data. If you study aggregate time-series housing prices, you have: N 38 (annual 1970-2007) where: Pt the nominal median price of new single-family houses in the Unit..
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