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Assuming that Country A has a comparative advantage in wheat and Country B in wine, which of the following is true?
a. The price of wheat in country B falls when trade opens between the two countries.
b. The price of wine in country B falls when trade opens between the two countries.
c. The prices of wine and wheat in country B fall when trade opens between the two countries.
Miss Phoneix accordingly, bought the tablets and consumed them in the manner described but instead of losing weight, she gained several kilograms.
You only need to refer to the 3 or 4 papers that you think are the most important. Use economics journals for your references, for example, Journal of Health Economics, Rand Journal, American Economic Review, etc.
How have these aggregates been growing in the past year compared with the value if you can, download the data from the internet , or enter them by hand into a spreadsheet, and see if you can plot the data to compare.
Quinton needs a new refrigerator. He has two choices a basic one, or a more efficient one from Energy Star. He earns 4% compounded annually on his investments, he wants to consider a 10-year planning horizon, and he will use present worth analysis to..
Elucidate what are the differences among horizontal, vertical, and conglomerate mergers. Is one type preferable from the view of anti-trust policy.
The SPENDLAND's GDP and debt last year was $4000 billion and $2000 billion, respectively. This year, the government revenue is $800 billion and the goernment expenditure is $1000 billion. suppose the interest rate payable on government debt is 10%
You are the manager of a firm that produces and markets a generic type of soft drink in a competitive market. In addition to the large number of generic products in your market, you also compete against major brands suh as Coca-Cola and Pepsi.
In 260 words Analyze your target country in terms of macroeconomic variables like population, GDP, inflation, interest rate, and others
In the United States, the capital share of GDP is about 3 percent, the average growth in output is about 3 percent per year, the depreciation rate is about 4 percent per year, and the capital-output ratio is about 2.5. Suppose that the production ..
Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope. These are called externalities. As a policy maker concerned with correcting the effects of gases and particulate..
M/P=kY – bi where k is the income elasticity and h is the (nominal) interest rate elasticity of real money balances. Assume that k > 0 and that h > 0. Further assume that the quantity of nominal money balances is fixed by the Bank of Canada at M and..
Describe the inflation trend based on inflation rate. Define inflation and describe the typical causes of inflation. Research and identify the cause(s) of inflation in the chosen economy.
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