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"Can the United States Continue to Run Current Account Deficits Indefinitely?" Since in the long term, the obvious answer is no, perhaps the question should be rephrased to ask the following:
Does the United States' unique position in the world economy allow the country to safely run persistent external deficits? Can persistent U.S. deficits in the current and payments accounts be adjusted without bringing about economic recession or crisis?
How will this change the industry output and market share for each company and is there any incentive for any company to cheat under either of the conditions in tasks a and b? Why or why not?
Some economists argue that it is possible to raise the standard of living by reducing population growth. As an economist interested in incentives rather than coercion, what kind of policy would you recommend to slow population growth
The price of coffee goes down and consumption of coffee increases. Is coffee an ordinary good. The price of coffee goes up and consumption of coffee increases. Is coffee an ordinary good. The price of coffee goes up and consumption of coffee remai..
Suppose that there are n bidders participating in a First Price Auction. Each bid- der's private valuation is independently drawn from the interval [0, 1] according to the distribution with cdf F(x) = x2 and pdf f(x) = 2x.
What is the optimal level of pollution reduction
Which of the following industries is most likely to exhibit the characteristic of free entry? cable television , t-shirt silkscreening
Country A and country B both have the production function: Y=f(K,L)=K^(1/2)L^(1/2)
Suppose the government regulates the price of a good to be no lower than some minimum level. Can such a minimum price make producers as a whole worse off? Explain.
this line is aimed at the low end of the market and isnt constructed on a wheel base. writing instruments. this line
How does a price ceiling undermine the rationing function of market-determined prices How could rationing coupons insure that consumers with the highest values get the limited amount of a good supplied when government price ceilings create shorta..
Suppose the income elasticity of demand for pre-recorded music compact disks is +6.0 and the income elasticity of demand for a cabinet maker's work is + 0.6.
Assume that the consumption of schedule for a private open economy is such that consumption C = 50 + 0.8Y. Assume further that planned investment Ig and net exports Xn are independent of the level of real GDP and constant at Ig = 30 and Xn = 10. Reca..
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