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Why is there a growing disparity between the rich and poor in the US? What are some of the reasons for this and what should the government do to bring about growing equality with income? Do we as citizens have an ethical responsibility to help the poor?
Economists say that wages of most countries relative to the US are, for the most part, similar to their productivity relative to the US. Do you think US apparel manufacturers would agree with this?
Select a market for a product or service, then identify at least one critical determinant of demand or supply in that selected market and forecast a reasonable future change in the determinant. Explain the changes in equilibrium price and quantity yo..
This would increase the loans account and the account. This would also bring the leverage ratio from its initial value of to a new value of . Which of the following is true of the capital requirement?
How companies and countries are becoming specialised in certain industries to compete and expand their businesses. Compare Australia with any other two countries
What is the role of models in economic analysis? How can it be determined if the assumptions underlying the design of an economic model are overly simplified or overly limiting? At what point do the assumptions invalidate the model? Why?
Use the graph to illustrate the economic concepts of scarcity, unemployment, inefficiency, and opportunity costs. When possible, use data points on the graph to accompany your verbal explanation.
Illustrate what is the WTO. Briefly describe one trade topic identified by the WTO on the website. And, what did you learn from the Web site about the WTO.
The publisher of a new book figures fixed cost at $92,000 and variable cost at $2.10 for each book produced. If the book is sold to distributors for $15 each, how many must be sold for the publisher to break even?
Mr. Odde Ball enjoys commodities x and y according to the utility function U(x,y) = √x^2 + y^2. Graph Mr. Ball’s indifference curve and its point of tangency with his budget constraint, given by pxX + pyY = I. What does the graph say about Mr. Ball’s..
Economists sometimes shock noneconomists by stating that they do not favor the complete elimination of pollution. Explain the rationale for this position.
how much are households paid for providing entrepreneurial ability.
Explain why China has in recent years been manipulating its exchange rate relative to the dollar, and how it effects this currency manipulation
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