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Some politicians have suggested that the U.S. enact a constitutional amendment requiring that the federal govt balance its budget annually. Explain why such an amendment, if strickly enforced, would force the govt to enact a contractionary fiscal policy whenever the economy experienced a severe recession.
Derive a long-run model of exchange rate determination, if exchange rates are determined by Absolute PPP, and goods prices exibly adjust to bring about equilibrium in domestic money and nancial markets.
Think the yearly budget deficit in the U.S. versus GDP, How does this compare to other industrial economies? What is your opinion on this relationship of budget deficit to GDP?
What would be the short-term and long-term effects of restricting or removing patent protection of pharmaceuticals? Be sure to discuss prices, industry profits, and consumer welfare2. Why are prices for pharmaceuticals higher in the United States ..
Information covering the most recent thirty days are given in the following table for the value per gallon of regular gasoline at a local station.
The U.S. Postal Service (USPS) operates at a loss but its closest competitors - UPS and FedEx - both operate at a profit. Suggest how fixed costs have contributed to the situation of the USPS. Provide support for your response.
There has been a shift of emphasis of the consumers of health and human services from professionals and care providers to increasingly include the client system. The stakeholders have increased through participation coupled with the increased volu..
The extensive application of protective tariffs destroys ability of international market system to allocate resources efficiently.
Suppose payments are made at the end of every year, determine the annual payment required to retire a $50,000 loan with a term of 5 years and an interest rate of 10 percent;
If a few oil-producing countries in the Middle East decide to jointly limit the production of oil, how they will agree to lower the price of oil in order to increase their profits. they are forming a cartel. they would like the price of oil to be ..
Should the U.S currency be backed by gold Recently the dollar has been losing value and there were a few countries advocating a change from using the dollar as the "international" currency (for example petroleum on the international market is boug..
The G-20 issued a statement Saturday indicating creating nations we unlikely to back off their demands that created nations do away with subsides and tariff barriers from their farm products.
Assume Fiat recently entered into an Agreement and Plan of Merger with Case for $4.3 billion. Prior to the merger, market for four wheel drive tractors consisted of 5-company's.
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