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Q1. Pick a "society" and time in history you would consider that the vast majority were doing very well economically. What was the economic model followed by the leaders at that time (capitalism/socialism/communism)? How did each social group in that society fair during that time (how do you know)? What happened to that society (what made it go away and why)?
Q2. Explain: "Free-trade zones such as the EU and NAFTA lead a double life: They can promote free trade among members, but they pose serious trade obstacles for nonmembers." Do you think the net effects of trade blocs are good or bad for world trade? Why? How do the efforts of the WTO relate to these trade blocs?
Elucidate the effect of capital formation by comparing the present times and ten year in the future for thtwo economic.
What is the optimal transfer price for the basic plastic item . At what price should the marketing division sell its product.
Explain the long-run effect of an increase in nominal money supply on the amount of real money balances available in the economy.
Think of an organization with which you are familiar. How has that organization's ethical policies changed as a result of external pressure? Provide examples.
How will an increase in the savings rate affect the growth rate of per capita output in an endogenous growth model?
Elucidate what do the opponents of globalization criticize. With regard to consumerism, immigration, and nutrition, where do you find their critiques compelling.
compute the breackeven output quantities for each alternative. What is the difference between movements along IS and LM curves and shifts of the entire curves.
If you accept the offer calculate resulting profit. Also, calculate the optimal level of output (meter dug) and the level of labor usage.
Borrow from the nation with the lower nominal interest rate, invest in the nation with the higher nominal interest rate and profit from the interest-rate differential.
When should this item be reordered. What could be the risk of stockout would result from a decision not to have any safety stock.
compute the average cost function for skateboards. what shape does the graph of this function have. What is the average at this level of output.
Explain also by using graphs welfare off policy measures on consumer and producer surplus and net gain or loss to society.
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