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Q. select a product you think would be suitable to export to nation you chose based solely on that nation's location, climate, topography and natural resources. Answers to following questions: Illustrate what effect might economic and socioeconomic forces within that nation have on product's potential?
Explain how the short-run Phillips curve, the long-run Phillips curve, the short-run aggregate supply curve, the long-run aggregate supply curve, and the natural rate hypothesis are all related.
A flat tax plan allows individuals to deduct a standard allowance of $10,000 from their wages. Assume that the flat tax rate is 12%. Calculate the amount of income tax and the average tax rate if you were earning.
Illustrate what would happen in the market, please Specify whether the policy would cost the Chinese government anything also if so, and explain how much.
If the economy is competitive so that factors of production are paid the value of their subsidiary products, what is the share of total income that will go to land.
Illustrate how do you think this would affect household spending on goods and services.
Assume you notice that more also more people are driving gas-guzzling cars.
The blue line circle symbols is a demand-for-money line and the orange line square symbols is a money supply line.
Write down the budget constraint of the representative consumer and Write down the maximization problem of the representative consumer and find labor supply
Elucidate how much profit will it earn at that output rate. If the marketplace price dropped to $10, illustrate what should the firm do.
The U.S. cigarette industry has negotiated with Congress and government agencies to settle liability claims against it. Illustrate what effect will this have on its optimal price.
Elucidate what is the best form of business organization to select based on various considerations, including taxes, liability, capital contributions, sharing of profits adn losses, management and control, and survivorship
Someone proposes to buy the farm from you for $1 million. Would you make more by selling the farm or keeping it
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