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Suppose that there are two products: clothing and soda. Both Brazil and the United States produce each product. Brazil produces 100,000 units of clothing per year and 50,000 cans of soda. The United States produces 65,000 units of clothing per year and 250,000 cans of soda. Assume that costs remain constant.
why are banks able to maintain reserves that are only a fraction of the demand and savings deposits of their customers?
gdp doesnt count productive services like child care food preparation and laundry provided within household. why are
a newspaper columnist signs a contract with a newspaper chain. several months later she is offered a position with
Entrepreneurship is a factor of production which adds value to the production process and therefore earns a legitimate return to its exertion. How would you evaluate these two contrasting views, and what are their implications for society?
Assume the government sets an effective price floor in market for oranges and agrees to buy all oranges that go unsold at that price. The oranges bought by the government are discarded.
Write a one-page policy brief that addresses the questions above and write in paragraph form and do not number the paragraphs.
the subway fare in your town has just been increased from a current level of 50 cents to 1.00 per ride. as a result the
(A)If the production function is AK and the savings rate is the constant rate "S", and the rates of depreciation and population growth are d and n respectively, what would the growth rate of the economy be
If this country wants to reduce its inflation rate, state which of the following monetary regimes is least likely to succeed: exchange rate target, money supply target, nominal interest rate policy. Which approach is most likely to succeed
why would a country eliminate trade restrictions and encourage free trade? using the european union as an example
The Pension Benefit Guaranty Corporation (PBGC) is a government agency that absorbs pension obligations when a company goes bankrupt or otherwise cannot fulfill its pension obligations to current or former employees. Where is the moral hazard in ..
part a use the first order conditions for profit maximisation to show that a monopolist will never produce on the
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