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Are you for or against free trade? Are you for or against NAFTA? What is the economic basis for trade? Explain the underlying facts that support free trade and give an example of a good that you purchased recently that is based on resource differences. What are some examples of goods that the U.S. has comparative advantage in producing? Take a look at the tag of the shirt/dress/pants you are wearing today. Where was it made? Anyone wearing "Made in America" items of clothing today? We sometimes hear people say "Buy American." Why don't we? What is the basis of international trade? What are the benefits and the costs? Under what conditions would you advocate for trade restrictions?
Assume that a $1,000 bond issued in 2012 pays $100 in interest each year.What is the current yield on the bond?
One way to view the law of diminishing marginal productivity is to say that, The concept of derived demand can best be illustrated by the statement:
A group of participants were given a large number of products to evaluate. The products are formed by fully crossing all the levels of relevant attributes.The participants’ task is to evaluate each product on an overall liking score.
please answer for the 3 questions. the main topic is urban sprawl.1. how has the housing market crash affected urban
in march 2010 president obama announced an initiative to double the u.s. exports by 2015. you work for the u.s. chamber
Suppose there is a temporary increase in Yw, world income, which increase the demand for domestic goods on the world market. On the graph of Output, Money and Foreign exchange markets show the short-run effect of Yw increase.
1. explain why relatively flat as opposite relatively steep labor demand curves are more consistent with the empirical
suppose you live and work in cleveland earning a salary of 75000 per year and spending 10000 for housing. you heard
scale economies and diseconomies at mcdonalds how does having a menu that is uniform around the country provide
Assume that a profit maximizing monopolist faces an inverse demand function give by p(.), where p'(y),0, and a total cost function given by c(y), where c'(y)>0. Suppose the government wishes to combat the undesirable allocational effects of a mono..
A perfectly competitive painted necktie industry has a large number of potential entrants. Each firm has an identical cost structure such that long-run average cost is minimized at an output of 20 units (qi=20). The minimum average cost is $10 per..
assume that total output is determined by the formula number of workers times productivity total output output per
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