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Suppose that z' increases and that K increases at the same time. Show that it is possible for the real interest rate to remain constant as a result. What does this say about the model's ability to explain the differences between poor and rich countries and to explain what happens as countries grow?
China and Japan have two factors of production, land and labor. Both countries produce two goods: corn, which requires more land and computers, which requries more labor. Given that China is abundant in land and Japan is abundant in labor.
As the United State dollar appreciates in value relative to the Japanese Yen, what happens to the price of United State goods in Japan? What happens to the price of Japanese goods in United State?
The U.S. at the end of World War II stood as the world preeminent superpower, with new discovered political and economic wealth. To what degree, if any, has U.S. ascendancy on world stage affected notions of federalism?
Calculate the price elasticities of demand in each market and discuss these in relation to the prices to be charged in each market.
Why might a parent company like McDonalds or Hilton choose to franchise its local outlets rather than own them and staff them with employees In many smaller cities all McDonald's outlets are owned by the same franchisee.
in US, gas cost 2.5 per gallon. in italy, gas cost 6 per gallon. what effect dose this price differential likely have on a.the size of cars in us and italy b. the use of public transportation the us and italy c.the fuel efficiency of cars in the us ..
Use the table given below: Value in billions In each of following cases, indicate if GDP is affected, under what category and what happens to GDP.
In late 2006 and early 2007, orange crops in Florida were smaller than expected, and the crop in California was put in a deep freeze by an Arctic cold front. As a result, the production of oranges was severely reduced. In addition, in early 2007, ..
Suppose that government imposed price ceiling on gasoline in order to prevent values from getting too high. Determine the economic implications of this action in the gasoline markets?
What role did Swiss government and politics play in 2001 liquidity crisis and grounding of Swiss air and did the government and politicians act unethically together with the banks.
Choose a United States multinational corporation. In terms of currency denomination, explain how the company prices its revenues and costs.
Identify the legal issues of a civil nature affecting each party and given the legal issues you identified, advise each party how they should proceed legally and explain the results you expect.
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