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Visit the U.S. Government Web site,
Find National Trade Data.
Determine the trade balance between the U.S. and China for the most recent five year period.
Illustrate the trend over this period with a graph of the data.
Based on the data provided, create a report in Microsoft Word discussing the trade balance between China and the U.S. for the most recent five year period. In your discussion, include an analysis of the effect of such trade balance on the economies of China and the U.S., both individually and comparatively. Justify your discussion and analysis by using appropriate examples and references. Include in your report an analysis of the impact on the U.S. economy of the situation where China holds such a large amount of the U.S. debt.
Suppose that the average prices of refrigerators have fallen over the past few years, yet the refrigerator companies have offered more and more of them for sale. Does this mean that the supply curve for refrigerators is downward sloping?
Illustrate economic evidence is required to determine whether there are long-run increasing returns to scale in banking.
What feature in this example leads to the result that you don't need to know the amount of taxes collected by the government to find the equilibrium?
Prepare a memo to the managing director that explains the different vehicles available that can be used for each of the Minimize income tax
Use an aggregate demand/aggregate supply diagram to show what effect was intended. what might happen if such a tax cut also shifted the aggregate demand curve.
Suppose Q is the quantity demanded for medical care services. The linear industry demand function takes the form.
Your personalized sweatshirt business requires you to hire specially trained employees, so you are a monopsonist. Remember that you must pay everyone the same wages. There is no discrimination.
The long-run equality of price and minimum average total cost means that competitive firms will use the most efficient know technology and charge the lowest price consistent with their production cost. That is, the firm will achieve productive effici..
Identify three effects that trade barriers can have on an economy,its industries, and the firms within those industries. Are theseeffects beneficial or detrimental?
The BLS estimates that in 2002, the number of working-age adults was 211.9 million, labour force was 141.8 million, and the total number of employed was 135.1 million. Calculate the following:
How would market forces affect the amount of time the proven oil reserves will last, assuming no new oil reserves are found and that the demand curve remains unchanged?
Suppose wheat is produced by a farmer and if intead of some quantity of wheat farmer starts producing some sugercane then that unit of wheat farmer has to sacrifice for the prodution of sugarcane ,this is known as the opportunity cost.
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