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1. Think about one choice you made in the past several days and explain how this could be analyzed using economics concepts such as tradeoffs, opportunity costs, and marginal analysis
2. Globalization is becoming very important in economic discussions. Describe a recent foreign purchase and whether it is better to source from overseas or should tariffs be in place to protect American manufacturing.
Oceania buys $40 of wine from Escudia and Escudia buys $100 of wool from Oceania. Supposing this is the only trade that these countries do. What are the net exports of Oceania and Escudia in that order
Compare the magnitude of the percentage in the rental on capital with percentage change in wage in part and identify the factor that benefits from trade in real terms
The given table lists the stages needed in the production of a personal computer. Determine the value of the computer in the GDP?
ut as gasoline prices soar and concern about the environment mounts, the need to conserve gasoline has become increasingly clear. What would it take to reduce the overall demand for gasoline in the United States
An economy can be stimulated through printing more money. Determine the dangers of doing that? Inflation can be reduced by reducing the money supply.
Compute the ex-post optimal monetary policy and the consequences for nominal exchange rate. Explain your results
I think the ECB made a bad decision past week in keeping its interest value unchanged. European interest value policy is an issue that Americans need to take more seriously.
Presidents, senators and members of congress came from a different backgrounds but all must decide upon a great many issues that involve macroeconomics.
Productivity is found by dividing the country's gross domestic product by the number of people employed. Only part of the U.S. productivity growth,can be explained by the longer hours Americans are putting in.[The U.S.] also beats all 27 nations in..
In 1981, the United State negotiated a contract with the Japanese. The contract called for Japanese auto firms to limit exports to the United State.
Based on what you receive as the results of free trade contracts such as NAFTA, would you suggest that President Obama continue on the path of entering into more free trade contracts with additional nations
The U.S. at the end of World War II stood as the world preeminent superpower, with new discovered political and economic wealth. To what degree, if any, has U.S. ascendancy on world stage affected notions of federalism?
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