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Germany consumers have $50 in income "their gross domestice product". They spend $35 on consumer goods "$25 on Germany goods and $10 on imports", they save $8, and pay $7 in taxes. The government collects $7 in taxes and spends $10 on locally-made goods. Firms borrow $7 and make $7 in domestic investment spending. The government and firms buy no imports what is Germany's current account balance?
Define brand equity and discuss what a firm can do to maintain brand equity. Discuss Product Life Cycle Concept and include the relative amounts of sales and profit during each stage.
As the United State dollar appreciates in value relative to the Japanese Yen, what happens to the price of United State goods in Japan? What happens to the price of Japanese goods in United State?
Use the table given below: Value in billions In each of following cases, indicate if GDP is affected, under what category and what happens to GDP.
In the early 1930s there were a number of bank failures in U.S. What did this do to money supply? The New York Federal Reserve Bank advocated open market buys and list the costs of high inflation.
Make a domestic supply and demand diagrams for an item in which the U.S. does not have a comparative advantage. Discuss what impact do foreign imports have on domestic price and quantity?
Assume that the United States and Canada are planning to trade. Suppose there are only two goods in the economy: potatoes and rice.
Explain the difference between average revenue and marginal revenue. Discuss why are both of these revenue measures important to a profit-maximizing company?
Would there ever be an instance in which a relatively small nation could profit from comparative advantage with a much larger nation?
An rise in the Federal minimum wage to $7.25 per hour from $5.15 a hour, suppose that the $7.25 is an effective price floor and that all other things remain steady,
Many people say yes that government's role in free market economy should be limited, the degree of appropriate government involvement is contested.
For multinational corporations, friction expenses occur where practices of the company are seen through the public as exploitative or unethical.
Following the reduce in the demand for the Baht, has the Baht appreciated or depreciated in relation to the United State dollar?
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