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Q. 1. Who were the three ADM executives who were sentenced to prison for this little escapade? Is there anything unique about the highest-ranking executive who got sentenced - like a family connection? (hint: the New York Times had a number of stories about this case)
2. One of the three ADM executives was actually an informant who tipped off the Feds about this conspiracy. Which executive was he? Why did he rat out his co-workers?
3. Find one other example of a price-fixing conspiracy and describe it, in 200 words or less.
Do protectionist policies benefit producers, consumers, workers, or the government
How can two countries both be better off as a result of trade? How can tariffs protect U.S. jobs? Do tariffs lead to a net increase in jobs?
Draw a graph of the market for chewing gum. What are the equilibrium price and quantity? Mark the equilibrium price and quantity in the graph.
Why did people believe the difficulties Aisian economies were expericing in 1997-1998
The largest loan that the bank can make on the basis of the new deposit. If the bank chooses to hold reserves of $3,000 on the new deposit, what are the excess reserves on the deposit.
Gains from trade will result if a country specializes.
Steps that a government take to ensure that sustainable development is always considered in assessing which major economic projects or investment proposals to accept
A concrete and building materials company is trying to bring the company funded portion of its employee retirement fund into compliance with HB-301.
For each level of output except zero output, calculate the average variable cost, average total cost and average fixed cost.
he perfectly competitive form maximizes profits by producing 10 units of output. At what price does it sell these units.
Using a wholesale price of $4 per case in each state, calculate the breakeven output quantities for each alternative.
Compare the effects of these two policies in terms of their implications for the current account.
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