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[A] Determine the economic implications for the United States of the rise of China and India as significant economic powers.
[B] What would you consider to be the threats or opportunities for the US and why?
Explain why does the minimum salary seem to have the greatest impact on teenagers.
The intent of this week exercise is to familiarize with EXCEL and to gain experience and practice in interpreting the output generated by most statistical packages (EXCEL) when linear regressions are run on a set of data.
Describe how a change in investment can have big impact on GDP causing a nationwide slump. Recall that investment is "small" relative to the entire economy.
Now suppose that Charles Home improvement, when the disposal cost of old water heaters is included, has exactly the same average and marginal cost curves for installing replacement water heaters as does ABC water heater.
Identify whether the subsiquent issues are macroeconomic or microeconomic and explain why you categorized them in that way.
Discuss its current status. If possible, current a separate graph for each indicator illustrating the historic trend for each.
Sketch a domestic supply and demand diagrams for a product in which the United States does not have a comparative advantage.
Illustrtae what are the different incentives that investors have to hold TIPS.
Assume that there are many countries capable of producing two goods, and that each country has only one factor of production, labor.
If deficit spending -crowds out some private investment, could future generations become worse off? If external financing eliminates crowding out, are future generations thereby protected?
Elucidate why, at one point in time, a Keynesian approach to managing the macro-economy might be appropriate while, at another point in time, a classical approach might be more likely to produce a superior outcome.
In the light of the Ricardian model, how might you evaluate the claim by developing nation that they are at a disadvantage in trade with powerful industrialized countries.
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