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(a) Describle the notion of balance of trade accounting?
(b) Describe the following current accounts: Merchandise trade exports and imports; Service exports and imports; Unilateral Transfers. Research and explain the past 5 yrs data activity for the U.S. vs. ROW.
(c) Relative to the capital account discuss the U.S. private capital going abroad and the foreign capital into the United States. Show how the balance has change since 1970's until 2008. What was the impact of this change of direction on the current acccount?
a pure monopolist sells output for 4.00 per unit at the current level of production. at this level of output the
When obama was campaiging for president in 2008 he proposed more government spending paid for with higher taxes on the rich. What impact would those options have on the equilibrium?
imagine you are part of a strategic planning group at a large corporation that is considering developing a new proposed
in 2003 when music downloading first took off universal music slashed the prices of cds from an average of 21 to an
an economy is currently made up of a firm that produces bread a firm that produces butter and a consumer who consumes
an individual wishes to deposit an amount of money now and 100 every six months so that at the end of five years they
Comparative statics examine in economics is best illustrated as comparison of equilibrium points before and after changes in market have occurred.
Write down the equation that describes the firms optimal choice of capital and labor. Show that a combination of inputs such that K=2L is optimal
Explain the concept of a concentration ratio and is the concentration ratio in a monopolistically competitive industry likely to be higher than for a perfectly competitive industry? Explain your answer
Suppose that the market for some product has a linear downward?sloping demand curve and a linear upward sloping supply curve. Then suppose that the price of a substitute good increases and the price of an input to production also increases.
Why is there so much advertising in monopolistic competition Pick a product that you have purchased in a monopolistically competitive market structure and tell us how advertising did or did not play a key role in your decision to purchase that pro..
production function fx1 x2 x1x2. the prices for the inputs are 2 and 8 respectively.a. if x2 is fixed at x210 derive
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