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International Treaties
In considering the international realm, let's consider the concept of economic treaties. Specifically, let's think about an organization like the European Union (EU).
Why was it formed? In addition, what are some of the objectives of the nations that are joining the EU?
The EU is mainly an economic treaty, but it also has a security component. Can anyone explain why security would be important, and exactly how this works within the EU?
What is the difference between tax cuts imposed on higher-income households compared with lower- and middle-income households? Discuss the implications for the multiplier and the effectiveness of the tax cuts for boosting GDP.
What effect each of the following events would have on LRAS? Would LRAS shift left, right or no effect? Explain why.
Calculate the government-taxation multiplier for each marginal propensity to consume. What do your results imply about the relative strength of changes in government spending versus changes in taxation for fiscal policy, all else equal?
Using the principles of supply and demand, develop a plan to alleviate the shortage of math and science teachers within this country. Try to use price and non-price determinants as your tools to reach equilibrium. Defend your position using economic ..
Do you think it is a good idea for the Russian government to take the measure of encouraging foreign carmakers to build factories in Russia.
Analysis of the macroeconomic environment of corporate operations. Analysis of the microeconomic environment of corporate opeations.
Calculate cost elasticity of demand for paint and show your calculations. Decide where demand for paint is elastic, unitary elastic, or inelastic.
In the United States, as in most countries, we value the benefits of a free and competitive market. This suggests an interesting question: what if there were to be no Antitrust laws or other regulations on business activities?
Summarize Kuznets's Inverted-U Hypothesis and discuss the conceptual merits and limitations of this hypothesis, especially in reference to African countries.
What is the payoff table? If the firms act independently what advertising level should each choose? Could the firms profit by entering into an industry wide agreement concerning the extent of advertising?
Explain how does economists distinguish between the absolute and relative sizes of the public debt.
China's entry into the World Trade Organization in 2001 created more competition between local and foreign firms, and also provided China greater access to the market for exports. What implications do you think the elimination of the quota on rubber ..
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