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Q1. Assume that the autarky charge of commodity X is $10 in Nation A, $8 in Nation B as well as $6 in Nation C, as well as Nation A is too small to affect costs in Nation B or C by trading. If Nation A initially imposes a nondiscriminatory ad valorem tariff of 100 percent on its imports of commodity X from Nations B as well as C, will Nation A produce commodity X domestically or import it from Nation B or Nation C?
Q2. What would be the necessary criteria needed to test a TSLS model regression? Are the assumptions the same as under a simple linear regression? What does TSLS imply about the data if a strong F is found?
Illustrate what is the level of consumption at the equilibrium level of income.
Assume the full- unemployment rate is 5% . What could the Fed do in 2002-2003 in order to bring the economy back to full-unemployment ? What did the Fed actually do? Explain in detail
explain how much of the current unemployment can be attributed to cyclical factors.
American smoke 470 billion cigarettes and the average price per pack was $2. If the price elasticity of demand is -0.4 and price elasticity of supply is 0.5, compute the demand and supply linear equation.
Illustrate what would happen to the profit maximizing level of output if the market price suddenly rose to $54 per case. Explain why the output level changes.
q.the market demand and supply functions for pork are qd 2000 - 500p and qs 800 100p. to help pork manufacturer the
Their costs and benefits are presented in the table below. Each project has a useful life of 50 years and the MARR is 12% per year. Which of the projects, if any, should be selected?
ALL colleges of business today also was 1st proposed as a factor of production by a classical economist less than 40 years after Adam Smith.
Which of the following market transactions of final goods and services are excluded from the computation of U.S GDP
If interest rates remain unchanged, what is the expected capital gains yield, stated as a percentage, over the next year for Bond A and for Bond B.
Evaluate whether and to what extent the human failures that led to the disaster can and will be corrected.
Research monetary and fiscal policies that have affected healthcare industry. How have these policies affected employment rates for your chosen industry.
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