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Describe the Stolper-samuelson theory of trade. How does it differ from the factor endowment model? What are its predicted effects on wage-inequality in (a) industrialized countries that are capital abundant and (b) developing countries that are labor abundant?
Various executive compensation plans have been employed to motivate managers to make decisions that maximize shareholder wealth. These include:
Suppose that computers use two units of capital for each worker, so that KC = 2LC, while shoes use 0.5 units of capital for each worker, so that KS = 0.5LS. There are 100 workers and 100 units of capital in the economy. Solve for the amount of labour..
If you had the power of the President, Congress, and the Federal Reserve, what would you do to stimulate the U.S. economy which is barely growing?
In game theory, a dominant strategy is one _______________
A machine has a current salvage value of $10,000, which will drop by $2,000 per year. The maintenance costs will be $1,250 per year. What is the marginal cost to extend the service for 1 year, at 8%?
Briefly explain the theory of reciprocal demand. How does it provide a meaningful explanation of the international term of trade?
Research monetary and fiscal policies that have affected healthcare industry. How have these policies affected employment rates for your chosen industry.
Explain how much will your firm's total revenues (revenue from both products) change if you increase the price of good X by 1 percent.
Compare Australia with any other advanced economy and discuss their GDP last 2 to 5 years and factors affecting their GDP
A firm sells its product in a perfectly competitive market where other firms charge a price of $130 per unit. The firm’s total costs are C(Q) = 40 + 10Q + 2Q2. How much output should the firm produce in the short run...How many units?What price shoul..
Illustrate what is the value of gross private domestic investment. Illustrate what is the value of net investment.
q1. suppose that the terms of trade of a nation improved from 100 to 110 over a given period of time.a by how much did
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