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Are you for or against free trade? Are you for or against NAFTA? What is the economic basis for trade? Explain the underlying facts that support free trade and give an example of a good that you purchased recently that is based on resource differences. What are some examples of goods that the United States has comparative advantage in producing? Take a look at the tag of the shirt/dress/pants that you are wearing today. Where was it made? Anyone wearing Made in U.S.A. items of clothing today? We sometimes hear people say Buy American. Why don't we? What is the basis of international trade? What are the benefits and the costs? Under what conditions would you advocate for trade restrictions?
What is the marginal propensity to consume in this economy? What is the multiplier in this economy? What is the equilibrium level of GDP in this economy?
What effect would this event have on AD or AS, other things being constant? What would be the resulting effect on equilibrium price level? Explain. What will be the effect of the different tools of fiscal policy to stabilize the economy? Give an ..
"Too Big to Fail" is title of a book and a movie by HBO. It refers to the bailout of the major financial institutions that began in 2008, and at the time there was concern,
Using aggregate demand, short-run aggregate supplies, and long-run aggregate supply curves, explain the process and causes by which each of the following economic events will move the economy from one long-run macroeconomic equilibrium
1. consider the following model of the economywages are determined by the following equation w pe 2.5 - 10u.price is
Calculate the equilibrium level of income or real GDP for this economy. What happens to equilibrium Y if Ig changes to 15? What does this outcome reveal about the size of the multiplier?
Homework - EconS - Illustrate the extended form game of the two-period, two-firm game and describe the second-period pricing for the case in which the first-period product is nondurable and durable.
Compare and contrast the application of functionalism and interactionist theory to poverty. Describe the role and responsibility of the human service worker in the macro environment.
an investor has two investment opportunities each involving an outlay of 10000. the present value of possible outcomes
a. What were the main causes for the financial crisis that hit the world economy in 2007- 2008 b. What caused the European debt crisis Brieáy discuss the situations in Greece, Ireland, Spain and Portugal - what are the main problems in these econo..
question 1using the aggregate demand - aggregate supply ad-as diagram show how the four economic events would affect
Identify the economic incentives that motivate private firms to engage in pollution prevention activities. How might the government devise policy initiatives to exploit these natural incentives?
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