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Discuss the factors that led to deregulation of U.S. financial markets in the 1980s. Your response should be at least 75 words in length.
According to the Heckscher-Ohlin theorem, is Russia capital abundant or labor abundant? Briefly explain. What is the impact of opening trade on the real wage in Russia? Briefly explain.
Assuming this is a sequential move game with the employer moving first, indicate most likely outcome. Does the ability to move first give the employer an advantage? If so, how? As the employee, is there anything you could do to realize a higher..
Identify each of the following events as: (use a, b, or c to answer the question) a) part of an expansionary fiscal policy b) part of a contractionary fiscal policy c) or not part of fiscal policy i. The corporate income tax rate is increased.
Explain why does the government support public education when the private sector also provides this service.
As an employee of World Bank you've been asked to research the needs of a country with a particular economic concern.
Illustrate what would be the impact on labor and capital markets of such a shift in tax policy. What is the likely differential incidence of substituting a payroll tax for an equal-yield corporate income tax.
Assume that at current consumption levels an individual marginal utility of consuming an extra hot dog is ten whereas the marginal utility of consuming an extra soft drink is 4.
Can you explain how FISCAL POLICY (making changes to government spending and taxes) would affect Aggregate Demand (AD) How do these two mechanisms of expansionary policy differ
What is the appropriate balance between private and public (i.e., government) activity Think of a case where the government has intervened (or it was suggested that government intervene) in a previously private market
Assume there are only two automobile companies, Ford and Chevrolet. Ford believes that Chevrolet will match any value it sets, but Chevrolet too is interested in maximizing profit.
Is the price elasticity of demand elastic or inelastic for that good or service. Explain how should the company alter the price of the good or service to increase revenues.
Describe the extent to that you believe these three measures are related.
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