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During China's Cultural Revolution in the late 1960s andearly 1970s, highly educated people were forced to move to farms and work in the fields. Some were common laborersfor eight or more years. What does this policy say about specialization and the PPC? Would you predictthat the policy would lead to an increase in output?
As trade blocks continue to expand, what will be impact on American business, in terms of how businesses create value through integrating the production and distribution of goods, services, and information?
Select a United State multinational corporation. In terms of currency denomination, how the firm prices its revenues and costs.
Provide arguments in favor of trade restrictions, and what are the counterarguments? According to most economists, do any of these arguments really justify trade restrictions?
The Economist reports that the interest rate per year is 5.93 percent in the United States and 70.00 percent in the Turkey,in the October 23, 1999 issue.
In your own words, summarize the United States Budget. What is the largest source of revenue for the U.S. government What is the largest expenditure for the U.S. Do you think these budget priorities are correct Explain.
Pelican Point financial group's clientele consists of 2-types of investors. The 1sttype of investor makes many transactions in a given year and has a net worth of over 1 million dollar.
Using the concepts of rational behavior, utility, opportunity cost, marginal benefits and marginal costs, and allocative efficiency and content from the economics USA. comment on whether the United States should drill for oil in Alaska and off the..
The US cigarette industry has negotiated with Congress and government agencies to settle liability claims against it. Under the proposed settlement, cigarette companies will make fixed annual payments to the government
The United States Postal Service has a monopoly on non-urgent First Class Mail and the exclusive right to put mail in private mailboxes. Pfizer Inc. makes LIPITOR, a prescription drug that lowers cholesterol. Cox Communications is the sole provide..
As a research analyst for PepsiCo (parent corporation for brands including Pepsi, Tropicana, Mountain Dew, Aquafina and more), you have been asked to assess the size of the global soft drink manufacturing industry. Specifically, you need to determ..
Assume that the you test Linder hypothesis through comparing Germany's absolute difference in per capita income from each of its trading partners with size of Germany's total trade with each respective partner.
(1) the price of TV setsincreases by 4% in Japan, (2) the dollar depreciates by 5% withrespect to the yen, (3) the consumers' incomes in the U.S.increase by 3%, (4) the price of elasticity of demand for importedTV sets in the U.S. is -1.5
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