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Explain why both nations with high living standards and nations with low living standards face the problem of scarcity. If you won $1 million in a lottery, would you escape the scarcity problem?
An increase in foreign output/income (Y*)-assume there is no change in the foreign interest rate and an increase in home country money demand (L)
Economists generally use Porter's 5-forces framework when making a qualitative evaluation of a company's strategic position. According to Porter, his model should be used at industry level,
How much is the constant amount "x" and how much is the 48th payment and the dealer has offered you a 5-year maintenance contract for $800 per year payable at the end of each year.
Does either country have absolute or comparative advantage in any item? Give support for your answer through computing the "resource costs" or opportunity costs for both products in both countries.
Analyze the effects of trade theories, policies, and interventions on countries and multinational organizations and interpret the effects of macroeconomic variables on multinational organizations
Each year in the United States nearly 5 billion pounds of discarded carpet end up in land fills. In response to this situation, the carpet manufacturer has decided to start a take-back program whereby obsolete carpet is reclaimed at the end of its..
The Ecuadorian Sucre is trading for $0.000425 today and you are redeeming an Ecuadorian 1-year bill that you bpught one year ago when the Sucre was at $0.0005.
In the period 2000-2003, the RGDP (real GDP adjusted for inflation) growth rate in the US averaged 2.39% per year, while inflation rates remained at around 2.53% per year. In the latter half of the 1970's, by contrast, inflation rates accelerated ..
Assume that the you test Linder hypothesis through comparing Germany's absolute difference in per capita income from each of its trading partners with size of Germany's total trade with each respective partner.
If the account increased at a market rate of 15% per year and inflation averaged 3% per year over the entire deposit period, determine the purchasing power in terms of year-zero dollars immediately after the last deposit in year 17. Year 0 = $5000..
Explain the impact of external costs and external benefits on resource allocation and why are public goods not produced in sufficient quantities by private markets?
If the U.S. dollar were to appreciate substantially, what steps could a domestic manufacturer like Cummins Engine Co of Columbus, Indiana, take in advance to reduce the effect of the exchange rate fluctuation on company profitability
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