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As a member of NATO, the U.S. agrees to help defend any member country that is attacked by a non-member country. During the Cold War, the primary threat to NATO was perceived to be the former Soviet Union. Accordingly, in order to make its commitment to NATO credible, rather than station all its troops in relatively safe areas, the U.S. chose to station many of its troops close to the borders of Soviet-friendly countries. How does this make the U.S. commitment to NATO credible?
Explain why did the Fed begin to raise interest rates at a point in the economic recovery with concerns over terrorism and rising energy prices causing great uncertainty.
What is the general relationship between money and inflation? Why are economists interested in understanding inflation - What is the relationship between money and the interest rate? How does monetary policy potentially affect interest rates?
Illustrate what are the disadvantages of forming corporate joint ventures between multinational corporations in the home and host country.
How is MRP computed - Using the data presented, in the short run, how many workers would you recommend Sullivan's hire per day to maximize profits - how many workers would you recommend Sullivan's hire per day to maximize profits?
Find the flaws in reasoning in the following statements, paying particular attention to the distinction between shifts of and movements along the supply and demand curves. Draw a diagram to illustrate what actually happens in each situation.
Construct a production possibilities curve for a hypothetical country. Put public capital goods per year on the bertical axis and consumer goods per year on the horizontal axis.
What people need is a quality of mind that will help them to use information and to develop reason in order to achieve lucid summations of what is going on in the world and of what may be happening within themselves.
According to the neoclassical modelof economic growth with a Cobb-Douglas production function, the growth rate ofcapital per effective unit of labor is given byDk/k =ska -1- (d + n +g). For the US economy, s = 0.2, k/y = 2.5, δ= 0.04, α = 0.3,..
Output total variable total fixed Total cost ave.variable ave.fixed ave.total Marginal
Utilizing the midpoint formula, elucidate the price elasticity of demand for Coke at these prices.
develop a regression equation using any data. use the regression equation to focus the demand for the product you chose
The spirit of equating marginal cost with marginal revenue is not held by perfectly competitive firms oligopolistic firms or else.
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