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The rise in the US trade deficit during the 1980s was due largely to the rise in the US budget deficit. On the other hand, the popular press sometimes claims that the increased trade deficit resulted from a decline in the quality of US products relative to foreign products.
Assume that US products did decline in relative quality during the 1980s. How did this affect net exports at any given exchange rate?
Draw a three-panel diagram to show the effect of this shift in net exports on the US real exchange rate and trade balance.
Is the claim in the popular press consistent with the model that we learned in class? Does a decline in the quality of US products have any effect on our standard of living?
Draw a diagram to Explain how effect of advance of technology in labour market.Illustrate what is when-to-work decision when technology advances.
For 5 years you have owned and operated a small company, ABC Desks, that designs and manufactures high-end custom wooden desks. The business is incorporated and pays state and federal taxes separate from your personal income. Develop an Income Statem..
what is the largest value that the Herfindahl index could possibly take for car dealers in your area? In that same situation, what would the four-firm concentration ratio be?
Stocks and bonds-and checking accounts are all stores of value, but only checking accounts commonly function as mediums of exchange. and checking accounts are all stores of value and commonly function as mediums of exchange.
Now suppose Alex's income increases to $1,500 per year. What is her new optimal consumption of x? What is her new optimal consumption of z?
Explain how resource scarcity influence hospice/palliative care for children and describe choices stakeholders are forced to make.
Determine the demand function and inverse demand function for good X. Graph the demand curve for good X.
After that Dewey's opportunity cost of producing one bushel of corn is 1/2 yard of cloth.
On the basis of this information, Explain how would you state alcohol also marijuana.
q1. in long-run equilibrium assume the economy. in a short duration of time there is a pessimistic revision of
q1. what is the most important case that the tax as supreme court has well sales?q2. discuss why tickets scalping at
Illustrate what is the probability the driving distance for one of these golfers is less than 290 yards. What is the probability the driving distance for one of these golfers is at least 300 yards.
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