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The United States, Brazil,and Argentina are land rich and efficient farming countries. Which countries have large pools of low cost labor? How do countries with no natural resources manage to manufacture and export large quantities of goods? Give some examples of absolute advantage for trade.
What are macroeconomic factors and are they useful for economic forecasting? What are economic indicators? Are any of them useful for forecasting economic growth?
it behooves government to impose below market price ceilings on consumer goods, thereby increasing consumers surplus and making everyone better off." What would be the effect of this policy?
Without further use of Excel, illustrate what is the probability (in %) that a randomly selected orange will contain less than 4.2 ounces of juices?
Describe who bears relatively more of the burden of the tax, producers or consumers and illustrate your answer with a diagram.
Impact the decrease in the price of land will have on this firm's short run cost curves (short run fixed costs, variable costs also total costs). Elucidate your illustration.
Compare also contrast the yields also maturities for each of the securities. Argue elucidate which you would hold also Elucidate why relative to interest rate risk.
Explain additional ads show the same response, is the bank running an optimal mix of ads.
Using Year 1 as the base year, what is the growth rate of real GDP from Year 1 to Year 2? (b) Based on the GDP deflator (GDP Price Index), what is the inflation rate from Year 1 to Year 2?
How many popsicles will be sold/supplied each day in the short run if the price rises to $4 each per day
And in this market there are two firms with MC=AV= $10. Perfect competition price, quantity, and consumer surplus?
Interview a small business owner and ask him or her about both the positive and the negative role of government in their business. Write a 2 page summary of your interview and include the questions you asked.
Describe the differences between shortages and scarcity. In answering this question you should think difference between the short run and the long run in economic analysis.
Would you prefer the lower goal or the higher payment? d.Instead of lowering the goal, suppose the compensation from failing to meet the goal was increased by $2,500. Would you prefer the lower goal or the higher payment?
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