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Does everybody benefit from international trade? List some of the arguments for free trade(absence of tariffs and quotas). List some of the arguments against free trade. Include in your discussion the effects on consumers, domestic sales, imports, domestic prices and international relations. Should we worry about the trade deficit? Should the U.S. government impose tariffs on imports from China given that China artifically deflates the value of the Chinese currency to increase their export sales?
The Federal Reserve Board is considerining changing its target inflation rate. However, they are concerned about the immediate effect on inflation. Find the sensitivity of equilibrium inflation to a change in the Fed's target inflation rate in the..
It is priced at only $400. Assuming your opportunity cost of funds is 5 percent, which refrigerator should you purchase.
Describe why teenagers tend to accumulate low wages yet proportionally higher human capital than adult workers.
What is price of an additional dollar of local spending in each case. Which of two methods do you think would lead to higher levels of local spending on roads. Explain your answer.
What factors influence Under Amour's ability to make an economic profit in the cross-training shoe market.
he or she rents 63 movies per year at the same price per movie. What is the implied income elasticity of demand for movies? Are movies a normal good or an inferior good?
Elucidate how many units does each industry produce, elucidate how many industries will exist in this marketplace.
This assignment is based on an article published in The Economists' Voice by Cass R. Sunstein, titled 'The Precautionary Principle as a Basis for Decision Making', in Volume 2, Issue 2 , 2005. The article and rubric (i.e. assessment criteria) are att..
We want to determine if the training program was effective. Compute the test statistic. At 95% confidence, test the hypotheses. That is, did the training program actually increase the production rates?
Elucidate the consumers opportunity set in a diagram. Explain how does this change alter the market rate of substitution between goods x and y.
Which of the subsequent companies has recently been used by the federal government for monopoly practices
illustrate what is the change in Clean-Springs' profit-maximizing levels of output, price and profit. Explain in words and with graph.
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