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Economists often study and evaluate economic policies by country or region. As an economist, evaluate different regional trading arrangements.
Select one regional trading arrangement and describe three economic effects of the arrangement.
In two paragraphs, explain the idea of "return versus risk" and describe how you would use it in selecting a new investment portfolio. Describe how and why you used this idea when you chose your original two stocks.
An rise in the Federal minimum wage to $7.25 per hour from $5.15 a hour, suppose that the $7.25 is an effective price floor and that all other things remain steady,
You realize that there is a link between market strategy and organizational structure so it is time to do more research! See at 3-very different global firms, estimate their organizational structure
A Company is offered trade credit terms of 2/8, net 45. The company does not take the discount, and it pays after 58 days. Determine the effective annual cost of not taking this discount?
Determine what evidence do we have that the Central Limit Theorem is true and explain why do so many of life's events share the same characteristics with Central Limit Theorem?
The Economist reports that the interest rate per year is 5.93 percent in the United States and 70.00 percent in the Turkey,in the October 23, 1999 issue.
Assume that nominal GDP in 2005 was $12 trillion and in 2006 it was $14 trillion. The general price index in 2005 was 100 and in 2006 it was 104.
Suppose that in Canada opportunity cost of manufacturing 2 television sets is 3 bushels of wheat. Suppose that in the United States the opportunity cost of manufacturing 2 bushels of wheat is 3 television sets.
In one day, Canada can manufacture either 200 tonnes of wheat or ninety tonnes of copper ingots. In one day, Chile can manufacture either 120 tonnes of wheat or 175 tonnes of copper ingots.
Would there ever be an instance in which a relatively small nation could profit from comparative advantage with a much larger nation?
Discuss why do many economists believe that the market system is the most efficient economic system for allocating resources?
China and Japan have 2factors of production, land and labor. Both countries produce 2-goods, corn, which needs more land, and computers, which needs more labor.
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