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1. What did von Mises and the Libertarians feel was the greatest flaw of socialism?
2. What happened in Austria and Germany as a result of wartime reparations? Why?
3. After the US stock market crash of 1929, "the government failed to halt the downward spiral. In fact, it made it worse." Explain.
4. What effect did The General Theory of Money, Employment, and Interest have on the US economy? Explain.
5. How did Keynes influence John Kenneth Galbraith, and what did this mean to US government policy?
Suppose when Russia opens to trade, it imports automobiles, a capital-intensive good.a. According to the Heckscher-Ohlin theorem is Russia capital-abundant or labor-abundant?
Assume that under the Bretton Woods system, dollar is pegged to gold at a rate of $35 a ounce and pound sterling is pegged to the dollar at a rate of $2 = £1.
Identify and describe the factors that estimate who actually bears the burden of a tax increase on a specific good, such as gasoline, cigarettes, or some other product.
prepare a short research paper on one of the following topics1. trade policy of2. exchange rate policy of3. structural
Jan van der Schmidt was the organizer of a successful chain of restaurants located at Europe. He died unexpectedly at the ages of fifty-five.
The unemployment rate is the US fluctuated around 6% in 2002-2003 . Assume the full- unemployment rate is 5% What could the Fed do in 2002-2003 in order to bring the economy back to full-unemployment What did the Fed actually do
In the first quarter of 2009, President Obama pushed his massive fiscal stimulus package of $862 (It was originally at $787 billion) through the Congress and later passed by the House and the Senate, whose centerpiece was spending most of this sti..
The four-firm concentration ration for the 494 breweries operating in the US is 91 percent, your team has put together a report suggesting that the merger does not present antitrust concerns even though the two firms each enjoy a 15 percent share ..
Suppose that the United States can manufacture Toyotas at the cost of $18,000 per car and Chevrolets at $16,000 per car. In Japan, Toyotas can be manufactured at 1,000,000 yen and Chevrolets at 500,000 yen.
Critically evaluate the rules and institutions of the Bretton Woods system. What lessons do these features provide for Economic and Monetary Union policymakers?
Foreign direct investment (FDI) refers to investments in which the investor retains a long-term interest and some degree of control over the enterprise in which the investment takes place.
if the elasticity of aggregate cigarette demand with respect to advertising were 0.15 by extrapolation what is the
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