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Would like everyone to consider two very important concepts of economics this week: absolute advantage and comparative advantage. Both terms are critical, especially on a macroeconomic level. Countries must think about what they are going to produce and what they are going to outsource. Knowing the definition of both absolute and comparative advantage, do you believe that we should be outsourcing most of what we (as a nation) do?
Based on the current events in our economy, please keep this in mind. When interest rates are held more or less at a constant rate and price risk remains stable, financial leverage does not greatly impact changes is stock return at the market level. ..
The cost of energy for operation high lift pumps in a water distribution system was $1.4 million for the first three years. Beginning in year four, the cost increased by $30,000 each year for the next 12 years. The cost of the energy is at an interes..
The Chinese have at times held the yuan (the Chinese currency also called a renminbi, {pronounced "RNB" which is slang like a buck or clams for US currency}) exchange rate with the dollar constant. This fixed exchange rate has caused the United State..
Explain how does imposing rent controls affect the number of housing units available to low-income families
But what about the unwritten or informal rules of doing business there—rules based on culture, religious codes, and societal constraints? Sometimes these laws can be very different from those in one’s home country or in other countries in which one i..
How many units will be traded at a cost of $35? At a price of $14. Which participants will be dissatisfied at these prices.
what should you do when the manager of a perfectly competitive firm whose short run cost is TC = 100 + 160Q + 3Q2. If the market price is $196.
Illustrate what closing time should Citywide Spirits Shoppe choose to maximize profits.
Converse the positive also negative contributions of FDI inflow to the competitive benefit of host countries with regard to the subsequent matters
Assume that an economy has 1500 workers, each working 2000 hours per year. If the average real output per worker-hour is $20, then total output or real gdp will be?
What role did the government play in creating the financial crisis? What role did Fannie Mae and Freddie Mac play in the financial crisis? Could this have been prevented? How? How the government have responded to the crisis both in monetary policies ..
If inflation falls from 5% to 3% to 1.3% it is sometimes called. Typically the government: If the nominal rate of interest is 8 percent and the inflation rate is 3 percent, then the real rate of interest is: The unemployment rate is the percent of t..
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