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1.What factors are important in determining the length of the imitation lag and the length of the demand lag? Explain.
2.Ignoring the mathematics, explain the operation of the Krugman model in economic terms, and indicate the principal lessons of it.
3.Why is an increase in the number of varieties of a good regarded as a gain from trade? Can you think of economic disadvantages associated with greater product variety? Explain.
4.Is the distinction between "intra-industry trade" and "inter industry trade" a useful distinction? Why or why not?
Depends on what you perceive as the results of free trade agreements such as NAFTA, would you recommend that President Obama continue on the path.
Assume the total demand for fish and the total supply of fish per month in the Kansas City fish market are as follows:
Elucidate factors would you consider before investing in the emerging stock market of a developing country.
Findout the number of hours of skilled labor also the number of hours of unskilled labor which minimized the price of doing the project.
Explain how specifically does this information affect your desire to sign a two-year contract with Toy Yachts R Us.
B and R, a reputable East Coast Bank, has developed a portfolio of assets that is selling quite well on the market. This particular portfolio is a series of call options.
Give some arguments for and against the critisim of the federal income tax exemption of interest on state-local debt as being an inefficient subsidy.
Explain whether the evidence above suggests whether the dollar is appreciating or depreciating relative to the Euro. What is your conclusion? Explain how you come to that conclusion.
What is the inflation rate in Home? In Foreign? What is the rate of change in the nominal exchange rate? Which currency is expected to appreciate? At what rate? Explain.
Illustrate what yield curve shape is depicted if intermediate term tresury securities yield
Sherry was just rotated out as Microsoft's X-Box sales manager for the Canadian market. In Canada, the X-Box competes with Nintendo's GameCube.
Compute the short-run profit maximizing level of labor and capital demand. Compute the long-run profit maximizing level of labor and capital demand.
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