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Explain how governments restrict international trade and who benefits as well as who loses from the restrictions. Because wage rates are so low in Africa, why don't Microsoft, Cisco and other major corporations close down their American operations and move to Africa? Consider the foreign exchange market for Japanese Yen and Dollars. Assume a market where the U.S. dollars are on the x axis as shown in the background material. Indicate whether the dollar would APPRECIATE or DEPRECIATE if the following events occur (be sure to explain your answer such as including reference to the demand or supply curve): The interest rate in Japan is lowered. Prices are lower in U.S. Higher US interest rates. What is the effect of a higher exchange rate on exports and imports? -ONLY ANSWER THE ABOVE QUESTIONS 1-4 ON PAGES 1-3 OF THE REPORT- (a.) Suppose real GDP was $13.1 trillion in 2013 and $13.3 in 2014, what is the growth rate? (b.) How many years would it take for GDP (gross domestic product) to double (using your answer from part (a)? What are the sources of human capital? Discuss some specific examples. What is the law of diminishing returns? Give an example of what the law of diminishing returns implies. What happens when the government raises taxes and uses revenue to engage in spending?
consider the special case solved in the text where beta1 and utility takes the log form. suppose the real interest
You are the manager of a monopoly and your demand and cost functions are given by P=300-3Q, C(Q)=1,500+2Q^2, respectively. What is the profit-maximizing price and output?
1explain why in a perfectly competitive market the firm is a price taker. why cant the firm choose the price at which
What are "normal" goods? Give an example in our current economy and what are "inferior" goods? Give an example in our current economy.
Discuss whose life seems more in tune with how you imagine yourself living the eternal return, Souza's or Tanksley's? Why?
suppose that the interest rates in the u.s. and germany are equal to 5 that the forward one year value of the euro is
Analyze the most significant economic effects of the researched issues on healthcare industry. Provide at least two (2) examples of these issues to support your response.
consider monopolists product the cost function is and demand function is plot cost function versus for a range of 0 to
In the McFadden Company, the relationship among output (Q) and the number of hours of skilled labor (S) and unskilled labor (U) is The hourly wage of skilled labor is $10 and the hourly wage of unskilled labor is $5. The firm can hire as much labor a..
Rising educational levels of women have been central to our discussions of marriage behavior, fertility behavior and labor force behavior. And, education is a focus of the recent report by the Pew Research Center.
Analyze the effect of the political economy on trade agreements and policy - Analyze the various countries to which the United States actively trades or has an embargo upon.
1. a consumer splits their income equally between two goods. if the price of one good increases by 10 and their income
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