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Discuss the distribution of income that results from the United States' brand of free market capitalism. How does the existing distribution of income compare to the distribution that would, in your opinion, be desirable? How should a society go about determining the desirable distribution of income?
b.If the United States imposed a price ceiling of $18 per barrel on the oil market, would there be an excess supply or an excess demand for oil How much c.Under the price ceiling, quantity supplied and quantity demanded differ. Which of the two wi..
Suppose the spot exchange rate in dollars and yen is e=$1/100yen. The interest rate on a 6 months dollar denominated assets is i($)=1 percent and interest rate on comparable 6 months yen denominated assets
Foreign direct investment (FDI) refers to investments in which the investor retains a long-term interest and some degree of control over the enterprise in which the investment takes place.
Much of the discussion regarding the effects of MNE investment on "host" countries has focused on the pros-and-cons for less developed-countries (LDCs). Access these arguments in terms of post-WWII experience up to the present day, particularly th..
Suppose both governments offer their respective company a subsidy of $4(million). Which company will enter the market c. Suppose both governments offer their respective company a $10 million subsidy. Which company will enter the market d. Suppose the..
Assume you wish to start a business in an area in which a natural crisis has recently occurred. How would you decide which kind of business to start?
May rise or reduce in absolute value as one moves southeast along an indifference curve, depending upon whether the substitution or income effect is dominant.
Assume that the Kiribati can manufacture 1000 tons of breadfruit or 500 tons of fish, and that Tuvalu can manufacture 750 tons of breadfruit or 1875 tons of fish.
calculate the money creation in the U.S. banking system with required reserve ratio at 0.20 in each of the following cases: (a) Sam's parents wired him $100,000 from Japan. (b) Sam won $100,000 from Texas lottery. (c) Sam found $100,000 worth coll..
You will need to find the CPI for JULY 2011. You will need to find the "Annual Average CPI" for the year you were born. Make sure that you identify your birth year, your birth year CPI, and the JULY 2011 CPI.
Which of these methods of encouraging growth would you suggest for the typical company in Hong Kong and Singapore and explain the rationale for your choice.
World Tennis Ball Co. (WTB) makes tennis balls and sells them only in the U.S. Raul Fernandez, the firm's marketing manager, is comparing his firm's distribution with two major competitors. 1) WTB sells its products through four regional distribut..
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