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Why has "OMG! Meiyu" been so successful in China? Why do you think people have responded so well to the program? Do you think it holds the same appeal for older Chinese as it does for younger students? Why or why not?
Elucidate why, at one point in time, a Keynesian approach to managing the macro-economy might be appropriate while, at another point in time, a classical approach might be more likely to produce a superior outcome.
Other things being equal, a rise in a country's terms of trade increases its welfare. What would happen if we relax the ceteris paribus assumption, and allow for the law of demand to operate internationally
Imagine that winemakers in the state of Washington petitioned the state government to tax wines imported from California. They argue that this tax would both raise tax revenue for the state government and raise employment in the Washington State wine..
Over the long-run,________is NOT a factor determining the standard of living as presented in the course
Research and explain the terms below and summarize how each belongs to health care. Students should research the definitions of following economic terms: economics, macroeconomics, supply, demand, microeconomics.
In both countries, g=0.02 and δ=0.04. Find the steady state value of y for each country.
Write a short paper on Economic growth, Inflation and Unemployment rate. Your topic can be more specific than the topics listed above. An example is "high unemployment rates for minorities in metropolitan areas."
What motivated the producers of all the individual products in the store to make them and offer them for sale? How did the producers decide on the best combinations of resources to use Who made those resources available, and why
International Drilling Company segments its foreign markets by the income levels of a country's population. This firm segments on what basis?
A small-volume automaker limits the number of franchised dealers in the U.S. and gives them exclusive territories. There are also non-dealers who have no official connection with the manufacturer.
Over the past decade, many media articles have discussed the topics of "Coutsourcing" and "Cemerging markets", voicing concerns about U.S. deficits and debt and the impact on the U.S. dollar
Using the library or the Internet, find some recent projections for the future path of the U.S. govt. debt as a percentage of GDP. What assumptions are made about (i) govt. spending, (ii) taxes, and (iii) economic growth?
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