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Types of Trade Restrictions
Identify and explain three trade restrictions. In your opinion, which method of restricting trade is the most efficient?
Illustrate the quantity of laptops demanded, the level of imports of laptops, the price paid for laptops and the consumer surplus
Elucidate how do Keynesian and Real Business Cycle economists differ on the right response to Japanese stagnation.
Show how a UK exporter can avoid exchange risk by covering in either the spot market or the forward market. When will the exporter be indifferent between these two forms of cover.
Elucidate the one thing, regarding the role of the government that separates classical economic theories and Keynesian economic theory.
A perfectly competitive firm should hire an additional worker only if the employee 's marginal revenue product is less than the wage rate.
The questions posed are broad and open ended so be careful to allow yourself enough research and planning time.
Why is the money multiplier in the United States smaller than the inverse of the required reserve ratio? Provide one (1) reason. Explain why depositing cash into a checking account does not change the money supply. Provide at least one (1) supporting..
Illustrate what is the correlation between all of these, and the level of unemployment and spending therefore GDP.
Explain how does the Central Bank measure the money supply in the contary. Does the Central Bank have an interest rate policy.
Assuming that there are only two goods, and the other good (food) is capital intensive, show the equilibrium points of production and consumption in ALFA, before and after trade.
Explain why is an increase in the number of varieties of a good regarded as a gain from trade. Can you think of economic disadvantages associated with greater product variety.
Explain why does the minimum salary seem to have the greatest impact on teenagers.
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