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if unit labor costs in Spain and Portugal rise, but unit labor costs in Germany decline and other producer prices remain unchanged, what effect should these factors by themselves have on export trade and why?
Alexander studies away from home. While at school, he spends all his income on air travel and economics textbooks. In a diagram with air-travel as the x-axis good, as pair increases while ptext remains unchanged, Alexander's price consumption path..
Henry, a resident of Nevada, sued Adam, a resident of Utah, in the federal court of California. He sought $60,000 damages for personal injuries arising from an automoblie accident that occurred in Los Angeles, California.
Explain how can a domestic market be protected. If a country had protected domestic market, what would be the likely effect on its balance of trade.
what would happen to the yield curve if investors were concerned about stability in foreign countries and rushed their money into the U.S to buy long-term treasury securities how would you expect the term premium to change
Compute the total revenue and total economic profit at each level of output. Compute the pizza shop's marginal costs and marginal revenue level of output. What is the profit maximizing rate of output for pizza shop?
Why do virtually all societies create something to function as money and how did the combination of increased holding of excess reserves by banks and currency by the public lead to bank failures in the 1930s?
Calculate the mean income class for those individuals with private, employer sponsored insurance. Is this greater than or less than the mean income class for those with private, individually purchased insurance? Any thoughts regarding the compari..
The following model is a simplified version of the multiple regression model used by Biddle and Hamermesh (1990) to study the tradeoff between time spent sleeping and working and to look at other factors affecting sleep: sleep =b0 + b1totwrk + b2e..
Suppose that any money lent by a bank is always deposited in a checkable deposit and that the reserve ratio is 10%. The Fed purchases $100 million in Treasury bills.
You are negotiating a 5 year contract to supply engineering services for your company and the rates proposed for each new contract year are indexed to US CPI. List five problems you may have with this proposal and rank order them from Highest to l..
The PPF curve shows the economic choices a country can make about production given scarce resources, a given technology, and a given quantity of inputs. Assume you are a developing country, producing food and clothing at maximum capacity.
As a manager of a financial planning company you have two financial planners, Phil and Francis. In an hour, Phil can produce either one financial statement
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