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Between 1968 and 1980, the US economy experienced a slowdown inproductivity growth. However, since the mid 1980s, the economy hasexperienced increases in the growth rate in productivity. Can you give reasons why US productivity growth started to increase duringthe late 1980s and continued throughout the decade of the1990s?
Discuss and explain how does the Heckscher-Ohlin theory different from Ricardian theory in describing international trade patterns?
Discuss why do many economists believe that the market system is the most efficient economic system for allocating resources?
Suppose that Germany decides to become self sufficient in bananas and even to export them. in order to accomplish these goals, large tax incentives are granted to companies that will invest in banana production. Soon, the German industry is compet..
Two horizontally differentiated producers of diesel railroad engines- one located in the United States and the other in Europe - compete in the European market as Bertrand price competitors. The U.S. manufacturer lobbies the U.S. government to giv..
Calculate the percentage change in the money supply if the cash reserve ratio were instead reduced to 6%. Explain your results and illustrate your answers in both cases with the appropriate diagrams.
Assume that the interest rate in Irish banks is 5 percent for a one year CD. In the United States, the rate is 2 percent for a one year CD.
Explain at least three important distributional challenges associated with global climate change policy also describe four of the advantages of global price approaches to climate change advocated by Nordhaus.
Several industrialized nations such as the U.S. attempt to seriously restrict immigration of production workers, but are more open to immigrants who are highly skilled.
In a 1990 article assessing the 1980's, Time reported that: "The good news is that U.S. gross national product doubled during the 1980s, from $2.7 trillion to $5.3 trillion." The GNP number they refer to is nominal GNP.
Using the S/D of $ and S/D of ¥ (yen), answer the following questions. Make sure to draw both graphs. a. What happens to the p (price) and q (quanity) of $ and of ¥ when the Japanese demand more ipods b. What happens to the p (price) and q (quanity) ..
A farmer and a rancher currently lead a subsistence existence, manufacturing only meat and potatoes. The farmer could make two units of meat per forty hour week,
Foreign Direct Investment - Prepare a power-point presentation on Toyota's international market strategy.
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