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In the 1950s
What are the main goods and services the United States traded internationally?
What trade barriers were in place during that decade?
What are two pros and two cons of the trade barriers used?
A binding price ceiling...
Suppose that these cost figures accurately refl ect the economic costs of providing inpatient services at these two hospitals and that the two hospitals face the same average total cost curve.
What is meant by "risk premium". Risk premiums on corporate bonds are usually anticyclical; that is, they decrease during business cycle expansions and increase during recessions. Why is this so.
Compare and contrast economic development strategies based on import substitutions versus export promotion.
If a recessionary gap were to appear, how might the economy adjust? Can/should we rely on it to adjust itself? Is it possible that the economy will never adjust to a gap, and things will just get worse and worse?
Using the travel cost method, evalute the annual active use value of this area to the people living in these cities.
Know that the far increase on cable car rides was 67%. Price is $5 one way. Prices were raised to help ease a $57 million deficit.
Are these kinds of policies easy to implement in practice? How has globalization of production affected our ability to control pollution?
Explain how will the economy change over time. Explain in words and using an aggregate-demand/aggregate-supply diagram.
An apparel manufacturer purchases cotton and other raw materials for the production of shirts. Would the sale of cotton from a cotton mill to the shirt manufacturer be included in the calculation of GDP? Why or why not?
Illustrate what would be the most optimal number of spaces, and Illustrate what are these corresponding prices.
Assume the price charged in market 2 was $10, what would be the price charged in market 1?
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