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a) As a result of the North American Free Trade Agreement (NAFTA), the US and Canada are shifting toward free trade with Mexico. According to the Stopler-Samuelson theorem, how will this shift affect the real wage of unskilled labor in Mexico? In the US or Canada? How will it affect the real wage of skilled labor in Mexico? In the US or Canada? (Brief answers needed).
b) One of your relatives suggests to you that our country should stop trading with other countries because imports take away jobs and lower our national well-being. How would you try to convince him that this is probably not the right way to look at international trade and its effects on the country?
Did the economic recession we've experienced recently affect your organization
The banks hold no excess reserves, Illustrate what will happen to the total money supply. How did you reach your answer.
Miller and Coors who together produce 85% of all beer consumed in the US, each spend well over $250 million a year on television advertising campaigns, promoting their beer brands.
Illustrate what mix of central bank bond purchases also higher government spending is required to rise income by $6,000 without changing the interest rate
Compute the optimal pricing scheme of the iphone, Assume which there are equal numbers of every customer type.
Compute the equilibrium interest rate by setting the overall demand for money equal to the overall supply of money.
Illustrate what are some of the benefits also costs which contribute to your customer value from each of the subsequent products.
Analyze how a bartender would know which the price of an exotic drink was too low or too high.
Explain by how much does the total amount of deposits in the banking system increase. By how much does the money supply increase.
Some economists prefer to use the term businessfluctuations rather than business cycles toSome economists prefer to use the term business fluctuations rather than business cycles to discuss the historical growth record in the united states because..
Suppose instead that use of the Sonoma county buy local currency is completely voluntary. Who is the most likely to use this currency.
A firm has fixed cost of 2,000.Its short-run production function is y+4X and one-half, where x is the amount of variable factor it uses. The price of the variable factor is $3,000 per unit. Illustrate where y is the amount of output the short-run..
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