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What is the potential tension between any religious tradition and the principles of democracy?
What are the effects of increasing in government spending both mandatory and discretionary spending on US economy forecast ot grow by 1.5%
Consider each of the following goods and services. For each, identify whether the law of one price will hold, and state whether the relative price, q g US/Foreign, is greater than, less than, not equal to 1, or equal to 1. Explain your answer in term..
What is autonomous consumption? What is induced consumption? Suppose that the current consumption function for the nation is C = 500 + 0.8DI. What will happen to autonomous consumption if disposable income, DI, increases by 100? What will happen to i..
Please explain how trade and investment affect economic and social development. Provide an example of a country that had economic and social development from trade and investment. Explain and discuss Theory of Absolute Advantage. How does it differ f..
Analyze a recently published article which deals with globalization or trade policy. Pay special attention to the winners and losers of this event. What role did/do special interests play in the implementation of this policy?
The current government deficit: include how current fiscal policy has affected the deficit, and how the country should deal with any problems you identified?
A firm uses third-degree price discrimination to sell the same cologne under two different labels. The price elasticity of demand for `High Class' is -1.25. The price elasticity of demand for `Splash-This-Stuff-On' is -2. Which one of the following s..
Suppose in the first five years of working for ABC Corporation Emily earns $50,000 a year after taxes, but ABC makes no yearly contribution toward a retirement plan for her. However, after five years ABC offers Emily a choice of receiving a $5,000 af..
Consider the following market game: An incumbent firm, called firm 3, is already in an industry. Two potential entrants, called firms 1 and 2, can each enter the industry by paying the entry cost of 10. First, firm 1 decides whether to enter or not.
A precise definition of globalization is difficult, because globalization is a process which removes economic, social and cultural boundaries of nation states. Discuss this process. Do you think that globalization is a win-win situation for all count..
Q. assignment on list down three different product that operate under monopoly form of market. are the price charged justified or not. Illustrate what are the steps taken by the govt. to check the prices from being over charged by the monopolist.
Cheap foreign labor argument: What is the cheap foreign labor argument? How do economists view this argument? What is the relationship between productivity and wage rates?
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