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Economists have debated the political economy of regional preferential arrangements in relation to the goal of removing all of the world’s inefficient trade restrictions. What ways can you think of,grounded in the political economy of trade policy, by which preferences could pave the way toward world trade liberalization? How could they retard it?
Assume that in addition to policy action described above, Fed decides to sell a massive amount of Treasury bonds from open market. Elucidate in detail effect of this policy action on size of money supply.
Illustrate what are the factors that determine the demand for and provide of money.
most powerful people in the world might be measured more powerful than most countries leaders
utilizes the Keynesian cross to predict the impact on equilibrium GDP of equal-sized rise in both the government purchases also taxes
Explain what should be the production level if fixed costs rose to $70,000 per month. what should be the production level if the producer operates in a monopolistic competitive market where the price of software at each possible quantity.
Illustrate what is the marginal cost of the first worker. Based on your knowledge of marginal analysis, how many workers should you hire.
Calculate real GDP in each year, and the percentage increase in real GDP from year 1 to year 2 using year 1 as the base year. Next, do the same calculations using the chain-weighting method.
A few years ago a construction manager earning $70,000 every year working for a regional home builder decided to open his own home building company.
Assume that the society decided to reduce consumption also increase investment. Explain how would this change effect economic growth.
Set up an Edgeworth Box to depict this situation and elucidate why the situation is unlikely to be Pareto efficient.
Illustrate what advice would you offer Kyle also Chad when they are ready to present their business plan to a banker.
Advise Steve whether he will able to rely upon his insurance policy. Support your answer with relevant cases and legislation.
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