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If unit labor costs in Spain and Portugal rise, but unit labor costs in Germany decline and other producer prices remain unchanged, what effect should these factors, by themselves, have on export trade, and why?
In the late 1960s, Milton Friedman and Edmund Phelps argued that there was not a structural relationship between inflation and unemployment rates. In particular, the trade off could only exist in the short -run.
Explain how is it that monetary policy, such as open market operations.
Genetically Modified Organisms have been hailed as the possible solution to famine. Are there any risks with GMOs If so, what are they What is the record of success of GMOs in terms of drought resistance, pest resistance, increased yields
Why is it not surprising to find that in an oligopoly which sells a basically undifferentiated product like chicken growth hormone all the firms change prices simultaneously, even if there is no explicit price fixing?
An engineering student requires to replace the battery in her car so that she can drive home for a vacation after Spring Semester. She has located following possibilities:
As a manager of a financial planning company you have two financial planners, Phil and Francis. In an hour, Phil can produce either one financial statement
The level of investment down because of a lack of confidence in the economy. Interest rates are kept artificially low by the Federal Reserve for several years.
What accounts for whether case a or case b occurs? d. Suppose that a scalper had secretly learned before the announcement that Aaron Han would not play in the next game. What actions do you think he would take?
Illustrate what is the efficiency factor. Elucidate these factors in terms of the production possibilities curve.
Find the velocity given that the market is in equilibrium. MD1 is the relevant curve and it is given that the real GDP is 30,000.
consider a man with 16 years of education and 2 years of experience who is from a western state. Use the result and the method in key to estimate the expected change in the logarithm of average hourly earnings (AHE) associated with an additional y..
what conditions might the Justice Department approve a merger between two companies that operate in an industry with a premerger of Herfindahl-Hirschman index of $2,900 if the post merger index is expected to increase by $225?
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