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Trade barriers (quotas and tariffs) are often used to protect domestic workers. Explain how the use of such barriers creates higher unemployment rather than protecting it.
Explain are there any present events in the news that you can directly link to concepts or theories covered so far.
Since inventories are not a large component of GDP, how can they affect GDP so sharply explain how will the replenishment cycle affect GDP in the near future?
Determine what impact will an unanticipated rasie in the money supply have on the real interest price, real output, and employment in the short run?
Explain how does the increase in the after-tax price depend on the price elasticity of demand
Explain how does the EU help it's members economy Do we need a EU. What are positive and negative points to members.
Explain why fiscal policy will be either more or less effective in an economy with a large foreign sector.
Explain how and why the relative tax burdens on consumers and producers would be different for the following taxes: A tax on all beverages; a tax on coffee; a tax on dark roast espresso.
Ajax Cleaning Products is a medium sized company operating in an industry dominated through one very large firm-Tile King. Ajax manufacture a multi-headed tunnel wall scrubber that is similar to a model produced by Tile King.
a new hampshire resort offers year round activities: in winter, skiing and other cold-weather activitie; and in summer, golf, tennis, and hiking. The resort's operating costs are essentially the same in winter and summer.
Explain several dimensions of the shareholder-principal conflict with manager agents known as the principal-agent problem. To mitigate agency problems between senior executives and shareholders, should the compensation committee of the board devot..
A firm has a long-run cost function C1(y) = y^3 - 10y^2 + 30y. 1) Derive the firm's long-run average cost function 2) Derive the firm's long-run marginal cost function 3) Find the level of production with the lowest average cost 4) What is..
After two quarters of increasing levels of production, the CEO of Canadian Fabrication & Design was upset to learn that, during this time of expansion, productivity of the newly hired sheet metal workers declined with each new worker hired.
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