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1. Explain why globalization is good for the United States. What are the drawbacks of globalization for our economy?
2. We run huge trade imbalances with two countries. Explain the cause of the imbalances.
3. What is the economist's case for free trade?
4. What is meant by our balance of payments? Explain what current account and capital account are.
5. What is the gold standard? How does it work?
A local cell phone monopoly faces the following monthly inverse-demand for lines from a typical family: P = 100 – 20Q. The total cost to the monopoly is C(Q) = 20Q. This implies that the marginal monthly cost to the monopoly is $20 per line. (Please ..
During 2006 a leading auto manufacturer produced 20 million of minivans. However due to soaring gas prices the sale of mini vans becomes sluggish and by the end of 2006 only 16 million of mini vans are sold. what is the gdp of mini vans is ?
Why do sale of used goods do not add to income of a country in a particular year? If you think of income as the inflow in your bank account. All outflows are just expenditures. So I think of income as how much stuff can someone buy in a particulate y..
The graph also shows the marginal revenue curve faced by this firm. Hypothetical cost and revenue curves for a computer producer. Explain how many computers will the monopolist sell to maximize profits.
Government imposed price controls often lead to
You own a car dealership in Chicago also are allowing for buying stock also have narrowed your choice to either purchasing stock in the Good Tires Company or American Bus.
Write down a paper analyzing different approaches that might be used by Keynesian theorists and monetary theorists to promote long-run macroeconomic stability.
Although airline schedules and cost are important factors for business travelers when choosing an airline carrier, a USA Today survey found that business travelers list an airline’s frequent flyer program as the most important factor.
Illustrate the total price of production (including the cost due to environmental damage) at the unregulated equilibrium quantity of 400.
Analyze key elements of training and development geared toward improving the performance of the specific small business for which you are consulting.
Industries in the US also Europe can produce only two goods, cars also wheat. For given resources also technological how. Industries in the US can produce 1000 tons of wheat if no cars are produced.
For the following cash flow, compute the interest rate at which the $240 cost is equivalent to the subsequent benefits.
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