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If Intel was manufacturing chips in the United States that were exported to China to be made into cell phones for the Chinese market, but now is building a chip manufacturing plant in China to provide chips to make cell phones in China for the Chinese market, this action would directly: 19. (a) increase imports to the United States (b) decrease imports to the United States (c) increase U.S. exports (d) decrease U.S. exports.
Prove that every weighted average of three numbers x1
Suppose in the market for oranges in a small country closed to international trade, the domestic price is $3 per lb. at which 10,000 lbs. are bought and sold in the country, while the world price is $4 per lb. If the country opens up to free trade wi..
For the Portfolio Project, students will conduct an analysis of a recent article and provide their evaluation and outcome expectations in a written paper of 1500-2500 words that discusses APA format and reference sheet needed.
When GM declared bankruptcy what happened to their shares of common stock? Could you purchase shares of GM stock when they were in bankruptcy? What was their stock value prior to declaring bankruptcy and what is their stock trading at now that they a..
The discount rate is the interest rate on loans that the Federal Reserve makes to banks. Banks occasionally borrow from the Federal Reserve when they find themselves short on reserves. A lower discount rate_____ banks' incentives to borrow reserves f..
Environmental Evasion Collapse What Would You Do? Why is this happening to me, George Mackee wondered. Four years ago, George, along with his wife, Maria, with their two children, had moved from El Paso to Seguin, Texas, to take a management position..
Illustrate what is the graph among utility and income,when marginal utility of income increases or deminishes.
What do economists mean when they say that "price floors and ceilings stifle the rationing function of prices and distort resource allocation" Use the ideas of consumer surplus and producer surplus
The president of the US announces in a press conference that he will fight the higher inflation rate with a new anti-inflation program. Predict what will happen to interest rates if the public believes him. If the public believes the president's prog..
Assume you consider participating in a sealed-bid second price auction for a vintage car in which the winner of the auction (the bidder who submits the highest bid) only has to pay the second highest bid that was submitted.
The market basket utilized to calculate the CPI in Aquilonia is 4 loaves of bread, 6 gallons of milk, 2 shirts also 2 pairs of pants.
Marko, Inc. is considering the purchase of ABC Co. Marko believes that ABC Co. can generate cash flows of $5,200, $10,200, and $16,400 over the next three years, respectively. After that time, they feel the business will be worthless. Marko has deter..
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