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First, select and evaluate a specific tariff or non-tariff trade barrier. Explain the impact of the tariff or non-tariff trade barrier on the global trading system.
Then identify a country that is currently impacted by the specific tariff or non-tariff trade barrier. How is the country impacted by the barrier? As always, please provide references to support your efforts. Must be a good half page to full page.
Discuss why a firm's long-run costs are minimized when it employs the mix of resources such that the ratio of all of the resources' marginal products to their wage rates are equalized. Employ a graph to illustrate.
Suppose that she invests in a college education, expecting to get a better and higher wage job. Show how her optimal stock of health capital changes by the age of 30 due to the increased wage.
What economic problem is the nation facing and what would be the goals of your Fiscal Policy
externalities come about when individuals impose costs on or provide benefits to others but do not consider those costs
As the ebola epidemic keep spreading in the country of Liberia more people are falling ill and a large percentage eventually perish. Use the Production Possibility Frontier to illustrate the effect on the economy of Liberia.
A market has the following characteristics: there are many firms, few barriers to entry, each firm acts independently with differentiated products, and no possible long-run economic profit. The difference between a perfectly competitive firm and a ..
identify and define the three categories of compensation arrangements. give examples of specific arrangements in each
How would you characterize the main functions of the U.S. Federal Reserve - What are the main tools that the FED uses for policy purposes and What are the limitations
1. a consider a demand curve of the form qd20-2p. also consider a supply curve of the form qs2p-4. graph both curves
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For each of the following, state whether it is a result of firm-specific risk or market risk. Markets crash, leading to a global recession.
a. sketch a graph depicting the classical view of the labor market. show the equilibrium wage and employment level.b.
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