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Which of the following statements about U.S. international trade is correct? a) Services account for about 25 percent of our exports to the rest of the world. b) About 50 percent of our imports and exports are goods and 50 percent are services. c) More services are exported and imported than goods. d) Goods can be traded but services cannot be traded.
The higher the marginal propensity to consume the more powerful tax policy is to influencing consumption. Negative real interests rates imply that if you save today, you can purchase a smaller basket of goods and services in the future, relative to t..
q1. given the choice between a1000 p 1.0 and b1200 p0.90 kathy prefers gamble a. does this mean she is risk averse?
Some economists believe that the world market for some raw materials (like cotton) comes close to a perfectly competitive market. With reference to the world market for cotton, briefly explain THERE reasons why the world market for cotton comes close..
Consider a Stackelberg competition with one leader and multiple followers. All products are homogeneous. Marginal cost for all firms is zero and all products are homogeneous. If the leader produces a quantity of 6 units how much would each of the oth..
A nation's capital goods wear out over time, so a portion of its capital goods become unusable every year. Last year, its residents decided to produce no capital goods. It has experienced no growth in its population or in the amounts of other product..
What is the cost of regular unleaded fuel in your town? What are some contributing demand and supply factors to the differences in fuel prices around the country?
What is the total market demand for polyglue at the price established by Alchem in Part (a)? How much of total demand do the follower firms supply?
The U.S. money supply (M1) at the beginning of 2000 was $1,148 billion broken down as follows: $523 billion in currency, $8 billion in traveller’s checks, and $616 billion in checking deposits. Suppose the Fed decide to reduce the money supply by inc..
Since the uninsured and lower income population generally tend to be less healthy than those who are better off financially, an insurance plan for the less-healthy would not be a good business venture. What is the best way to provide health insurance..
q1. assume that the reserve requirement is 25 percent. if a single bank has excess reserves of 500000 explain
Assuming the basic fixed-order quantity inventory model fits this situation and no safety stock is needed, which of the following is the reorder point (R).
Explain how a bill become a law in order.the bill goes back to the floor of the senate for consideration. the house committee, compairised of members from both houses of congress,works outany differences concerning the bill.
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