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Requiring states to run balanced budgets
Some states are required to balance their budgets. Is this measure stabilizing or destabilizing? Suppose all states were committed to a balanced budget philosophy and the economy moved into a recession. What effects would this philosophy have on the size of the federal deficit?
Then list one good reason to allow tire imports and one good reason to restrict tire imports. Give a short explanation for each reason.
The Government budget has been making at a deficit of approximately $60 billion for the last year, up from $50 billion the previous year.
Elucidate what is the impact of a trade surplus. What is the impact of a trade deficit? How do trade deficits and trade surpluses affect the firm you work for.
To best serve customers interested in buying cars over Internet, Smart Motors, hire Nora Jones to respond to customer inquiries.
Social Dynamo Corporation earned profits last year of $49 million on sales of $500 million. During the same period, its major competitor - EIO Corp.- enjoyed sales of $490 million and earned profits of $52 million.
Use diagram to describe how each of the following events affects the equilibrium price and quantity of pizza (draw a separate diagram for each event)
You are a pricing manager at Argyle Inc. - a medium-sized firm that recently introduced a new product into the market. Argyle's only competitor is Baker Company, which is significantly smaller than Argyle.
See the inflation adjusted data also identify the periods of negative real economic growth. What might have caused each of these periods of economic decline.
The International Monetary Fund IMF supply assistance to nation experiencing economic woes.
Assume the Disney Company was experiencing above normal benefits. What would you predict would happen over time
Explain why does the government support public education when the private sector also provides this service.
Consider a competitive market for which the quantities demanded and supplied (millions per year) at various prices are given as follows:
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