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Greece is currently in an unsustainable fiscal situation with rapidly increasing government debt. This can be handled in three ways: (i) a drastic domestic fiscal consolidation; (ii) official financial assistance from other euro countries; and (iii) default.a) What are the pros and cons of the different adjustment methods given above? b) Which is the best way forward to handle the debt problems of Greece?
In the US health insurance reform of 2010, every individual is entitled to get an insurance contract, with possible government subsidy if it is not profitable for the private companies. Discuss the consequences for the insurance market of the refo..
Explain why is the population shape a concern when estimating a mean and what effect does sample size, n, have on the estimation of mean?
The world is becoming increasingly interdependent, and bank consumers have rising choices in where and how they do their banking.
"Importing more goods and services into the U.S. is always a good thing to do economically." Explain why you agree or disagree. Is it possible for one country to profit more off trade than another country Should we have a stronger dollar or a weak..
In the value process, the estimation of the has historically been somewhat neglected in relation to the other steps in the process.
In 2008, the U.S. SEC eliminated the U.S. GAAP net income reconciliation requirement for foreign private issuers that adopt International Financial Reporting Standards. Do you agree with this decision?
Suppose that, instead of a quota, Venezuela grants its import-competing producers a subsidy of $100 per TV set. In your diagram, draw the subsidy-adjusted supply schedule for Venezuelan producers. Does the subsidy result in a rise in the price of ..
how does the replacement of home production with production through markets affect real GDP. how does it affect the usefulness of comparisons of real GDP per capita at the end of the twentieth century with the same measure at the beginning of the ..
The United Kingdom pound is trading at 1.82 U.S. dollars per United Kingdom pound. There is purchasing power parity at this exchange rate.
Some nations do not protect human rights in the similar manner as the US. At times, the U.S. should threaten to restrict United States imports from or investment in a particular nation if it does not correct human rights violations.
overnight is $1200 and would be zero in L.A. The airline is contemplating eliminating the ngiht flight out of L.A. and replacing it with a morning flight. The estimated number of passengers is 70 in the morning flight and 50 in the return afternoo..
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?
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