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The United States has become a net debtor nation where the rest of the world owns more assets in the United States than the United States owns assets in the rest of the world. The United States external debt is directly caused by: (a) years of households borrowing more and more to buy expensive homes. (b) years of large U.S. Federal government budget deficits. (c) the low value of the U.S. dollar, which makes it cheap for the Rest of the World to buy U.S. assets and expensive for Americans to buy assets in the Rest of the World. (d) years of large U.S. current account deficits
Suppose that Taher's pizza business operates under competitive conditions and that his short-run production function is q=20^E. What happens to the quantity of labor he demands if the wage increases to w1 = $12?
Explain how did the early classical economists view the relation between productions also consumption.
Consider the following two mutually exclusive alternatives for reclaiming a deterioring inner-city neighborhood (one of them must be chosen). Notice that the IRR for both alternatives is 27.18%. If the MARR is 27.4% per year, Which alternative is bet..
Briefly explain which component of aggregate expenditure will be affected by each of the following transactions. also , indicate whether it will increase or decrease. Suppose the United States experiences a long period of relatively stable prices whi..
If the government wanted to achieve the same change in GDP as in part 8 by cutting taxes instead of increasing spending, how large would the tax cut need to be.
Use a supply-demand graph to demonstrate how the quantity and price of medical services are expected to be affected if we went from a world without insurance to a world where the government covered 90% of all medical costs.
Which of the following statements about a monopolistically competitive firm is TRUE?
Explain two prejudices that you carry and analyze how you can reduce those prejudices with the help of the prejudice-reduction techniques given in the textbook. Imagine you are a teacher in a classroom and you see a few students expressing prejudice ..
Unemployment and how to use Fiscal Policy to address Recession. Background for this question: The US economy is currently experiencing recession according to the Federal Government. You can use only Fiscal Policy and the AD – AS model. 1. Using Fisca..
Over the last several decades, declining transportation and communication costs have:
q.simple inc. has one real asset valued at 300 million and one outstanding bond issue having a total face value of 100
find three products advertised and sold over the internet with senior citizens discounts what are they, and how big are the discounts? Do the same products feature student discounts? If so, how large are they?
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