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Read The Economist's articles,"The return of economic nationalism" "The battle of smoot-Hawley and Business Week's article, "jobs and protectionism in the stimulus package."
Do you believe the provision of "Buy America" placed in the $787 billion stimulus package by Congress was necessary during the recession to ensure American jobs and strengthen the American Economy?
Or was this Congressional provision a form of protectionism similar to the Smoot-Hawley bill passed in 1930?
give the definitions for marginal rate of substitution mrs and the price ratio. then explain them in your own words
A firm uses capital and labor to produce output according to the production function q= 4*(Sq Root of KL)
If there is a natural monopoly one firm owns all the natural resources in the production of a good, such as owning the diamond mines needed to produce diamonds.
Interested in looking at the relationship between the number of people on the sales force and the dollar volume of sales.The following data
A firm owns and manages rental properties is considering buying a building that would cost $800,000 this year, but would yield an annual revenue stream of $80,000 per year for the foreseeable future. For what range of interest rates would this pu..
Determine how global competition impacts FORD. Should the organization/industry continue, expand, or reduce current operations in order to maximize profits? Explain your reasoning.
1. if the income elasticity of demand for lard is -3.00 that means thata.lard is a substitute for butterb.lard is a
One economist has argued that the East Asian exchange rate crisis of the late 1990s was due to "the simple failure of governments to remember the lessons from the breakdown of the Bretton Woods System." What are these lessons? In what sense did th..
If the appropriate interest rate is 13 percent, what kind of deal did the player snag?
Compare the two graphs for GNP for Techistan and Growthistan. What is the difference in the final value of GNP for each country and Plot the growth rate for Techistan and Growthistan on one plot.
use the internet to research an oligopoly not discussed in the text. describe the oligopoly you researched and explain
Assume the firms in an oligopoly produce a differentiated product and are initially colluding. If each firm begins to cheat (to increase sales) by underpricing the other firms, as the amount of cheating increases
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