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It is possible for U.S. federal budget deficits to crowd out investment spending in other countries? How could German or British investment be hurt by large U.S. budget deficits?
City of New York was building a new civic center and had a deadline to get a hugh event. They had a contractor doing the work with 60 days to finish. The city's police union was in negotiations with the city and the union wasn't happy with the pro..
England and Scotland both produce scones and sweaters. Suppose that an English worker can produce 50 scones per hour or 1 sweater per hour. Suppose that a Scottish worker can produce 40 scones per hour or 2 sweaters per hour.
At the beginning of the 2000s, the United States imposed high taxes on a number of European goods due to a trade dispute. One of these goods was Roquefort Cheese. Show how this tax affects the market for Roquefort cheese in the United States, shif..
Calculate the ES in autarky and under conditions of free trade. Assume the world price is $45. c) Apply a $2.50 tariff and recalculate economic surplus (including tariff revenue). Has ES gone up with imposition of the tariff d) Evaluate the fo..
In 1968 and 1980, the United States economy experienced a slowdown in productivity incremental. However, since the mid 1980s, economy has experienced higher in the growth rate in productivity.
The U.S dollar price of a Swedish krona changes from $.1572 to $.1730. a. Has the dollar depreciated or appreciated against the krona b. Has the krona appreciated or depreciated against the dollar
As trade blocks continue to expand, what will be impact on American business, in terms of how businesses create value through integrating the production and distribution of goods, services, and information?
If the United States gave Pakistan $1 billion for environmental clean-up of its water system, but a large portion of the money was diverted to be used for purchasing weapons,what would this be an example of in economic terms
Sydney wants start a new business, but would have to give up a job with a total compensation of $100,000 every year. After researching new business opportunity, Syndey developed the following estimates.
Traders in asset markets suddenly learn that the interest rate on dollars will decline in the near future. Use the diagrammatic analysis of this chapter to determine the effect on the current dollar/euro exchange rate, assuming current interest ra..
Calculate the value of the Intraindustry Trade
In 1939, with the U.S. economy not yet fully recovered from the Great Depression, President Roosevelt proclaimed that Thanksgiving would fall a week earlier than usual so that the shopping period before Christmas would be longer.
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