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1. What did von Mises and the Libertarians feel was the greatest flaw of socialism?
2. What happened in Austria and Germany as a result of wartime reparations? Why?
3. After the US stock market crash of 1929, "the government failed to halt the downward spiral. In fact, it made it worse." Explain.
4. What effect did The General Theory of Money, Employment, and Interest have on the US economy? Explain.
5. How did Keynes influence John Kenneth Galbraith, and what did this mean to US government policy?
A company that produces T-shirts and sells its items in a perfectly competitive market. The manager forecasts the wholesale value of T-shirts next year to be $7.00.
As an international economist you have been tasked to make a short speech which answers the given questions:
In September 1983, it took 245 Japanese yen to equal $1. More than twenty years later that exchange rate had fallen to 108 yen to $1.
Identify the legal issues of a civil nature affecting each party and given the legal issues you identified, advise each party how they should proceed legally and explain the results you expect.
Assume that a country declares that it is moving toward free trade through decreasing its tariffs on intermediate inputs while maintaining its tariffs on final goods.
Suppose that government imposed a price ceiling on gasoline in order to save prices from getting too high. What are the economic implications of this action in the gasoline markets?
Your relatives advise to you that our country should stop trading with other countries because imports take away jobs and lower our national well-being.
Other than economies of scale, what would you think to be fence to entry into a market? Are these fence the similar for all market structures and Describe three oligopoly pricing models
Suppose that a country's real growth is 2% a year, while its real deficit is rising 5% per year. Can the country continue to afford such deficit indefinitely?
Define NAFTA using the internet to gather some information about NAFTA and why and when it was started?
Is there a certain protocol that United State companies must follow when advertising in Singapore? I understand that advertisements cannot contain any hype.
Assume a scenario where you are an entrepreneur considering to expand your production of kitchen gadgets. You require to pay back a loan of $5,000,000 over 5-years.
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