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The people who support restricted international trade say that
1. U.S firms won't be able compete with low wage foreign labor if trade is free.
2. Protection saves jobs, in both the u.s and foreign economies
3. Protection is needed to enable u.s firms to produce the things at which they have a comparative advantage
4. Outsourcing sends jobs a broad which brings diversification and makes our economy more stable.
The main liability on the Federal Reserve's balance sheet is. Third Bank has reserves of $12.3 million and transaction accounts of $115 million. If required reserves are 10 percent of transactions accounts, Third Bank has excess reserves of
What impact would (a) and (b) have on the real price of resources, profit margins, output, and employment.
q.assume the followingi. the public holds no currency.ii. the ratio of reserves to deposits is 0.1.iii. the demand for
You are the manager of global opportunities for a U.S. manufacturer, who is considering in Europe expanding sales.
Illustrate what conditions would minimize the extent of manufacturing job loss associated with this price increase.
in october 2008 canadian consumer self-confidence plunged to levels that last seen in the 1982 recession. as per some
Suppose that your opponent is not playing her Nash equilibrium strategy. Should you play your Nash equilibrium strategy? why or Why not?
Which of the following is best defined as a consciously coordinated social unit, composed of two or more people, which functions on a relatively continuous basis to achieve a common goal or set of goals?
Explain how do these two relate to each other in the Circular Flow Economy and to the Government and Foreign Sector components.
Describe return to an investment in a college education. How would you go about measuring it. How would you decide it is good enough to warrant investment.
Suppose re are 300 of young in some period t. n, how many good are paid to government for tax in this period. In period t, how many good can each old person get and consume.
Calculate the price elasticities of demand in each market and discuss these in relation to the prices to be charged in each market.
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