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a. What is offshoring jobs?
b. Does offshoring affect all sectors of the economy equally?
c. To what extent has offshoring been responsible for the slow growth in job creation after the financial crisis of 2007/8?
d. How many developed economies respond to the problems of offshoring?
Suppose a single parent can work up to 16 hours per day at a wage rate of $10.00 per hour. Various incomes maintenance programs have been developed to assure a minimum level of income for low-income families, such as Aid to Families with Dependent Ch..
q1. george if purchases 4 sodas at 2 each he can buy 4 pretzels at 5 each. this will leave george with 0 dollars and 1
Illustrate what is the value of goods and services purchased by the government of Numidia.
The average price of red stubble is about $8 per kilo also the fisher people's revenues for catching red stubble immediately cover their costs.
The liquidity trap
Consider the model of three-period-lived individuals. Suppose the two-period real rate of return on captial is X=1.44, the rate of population growth is n=1.1, and the rate of fiat money creation is z= 1.2. Find the following net rate for both one and..
q1. by now weve all had the opportunity to read the entire text book and understand how free markets i.e. capitalism
A detriment to economic growth: According to the principle of comparative advantage, trade between two countries will benefit:
Why do you think the specific industries you selected are highly concentrated?
To make the case that one country has a comparative advantage over another country in the construction of a given good or service,
there are 100 producers of toasters. half of the producers are low quality i.e. their products will break with
Assume you are a wheat farmer in North Central Kansas, you have fixed costs per acre of $84, variable cost per bushel is $3.64, and you produce 56 bushels per acre. What is your total variable cost per acre? What is your total cost per acre?
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