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1. Suppose Country A can produce 200 toys or 400 pineapples per day, while Country B can produce 300 toys or 900 pineapples per day. Where do the comparative advantatges lie? Should trade take place?
2. Discuss this statement: "Free traders win the economic arguments, but protectionists (those who favor tariffs) often win the elections."
3. Do you believe that American consumers should boycott goods made by exploited workers in Less Developed Countries? Explain why this might or might not workace?
There are two goods in the economy, anchovies, (a fish) and bananas (a farm product). Draw the economic possibilities before and after a natural disaster that lowers the banana harvest but does not affect anchovies.
however many critics contended that this sequester measure is only temporary and too small given the 4t us government
How many units can be produced if a country uses all of its resources on health care and what is the opportunity cost of producing 5 more units of education?
devaluation was comduct after the purchase and additional investment were completed, what is the new ROI.
If the desired fiscal stimulus is $20 billion and the desired AD increase is $50 billion, we can conclude that the MPC is:
What was the most "eye opening" information you learned about droughts? Why did you find it so interesting?
Assume the supply for good x is estimated. Is good x storable. Explain it numerically the data you are using to suppor answer.
the malthusian model to describe the situation in twilightia. in particular the relationship between its income per
the New England Journal of Medicine (NEJM), the Journal of the American Medical Association (JAMA), and Science. In one part of the study Internet reference were classified according to the top-level domain. Here are the data Top-Level Domain NEJM..
1. the price of french fries falls by 10 per cent and quantity of french fries demanded increases by 12 per cent. we
Supposed that the government responds to complaints about adecrease in real wages as a result of immigration by legislating aminimum real wage that is equal to the real wage in thepre-immigration equilibrium.
What is the current target federal funds rate, as of October 24, 2012 and what decision did the Fed make regarding the federal funds rate?
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