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Suppose that Country X subsidizes its exports and Country Y imposes a "countervail- ing" tariff that offsets the subsidy's effect, so that in the end, relative prices in Country Y are unchanged. What happens to the terms of trade? What about welfare in the two countries? Suppose, on the other hand, that Country Y retaliates with an export subsidy of its own. Contrast the result.
fall in demand, high unemployment etc but how can I understand the similarities (or differences) more deeply? Can you help explain.
What are the limits to our long-term economic growth in the US? Is there anything that our government can do to address these limits, or would it be a bad idea to try?
Discuss the role of macroeconomic policy in reducing unemployment and inflation. In your discussion make use of the diagrammatic representation of the macroeconomy
Explain how might I have reallocated my spending so as to maximize my total satisfaction from pizza and coffee.
What is the core issue in this interest group politics Which groups are pro limits Which groups would you imagine are lobbying against Are these peak associations or public interest groups What does Goldsmith mean by industry capture
A cartel is often an unstable relationship as individual members both seek and seize the opportunity to cheat on the agreement and improve their own position at the expense of others.
Explain the relationship between savings and investment as well asthe relationship between private savings and government savings.What are the implications of the current saving behavior ofAmericans on financing domestic investment and on GDP
Illustrate the impact of inflation on consumption, aggregate demand.
The major variables in this data are age of employee, wages earned by that employee before resigning, sex of employee, and series of variables indicating "membership" in a specific class, such as over 40, under 40, internal applicant, external app..
Assume that, over time, engineers develop new residential furnaces that can run on different tpes of fuels, e.g., natural gas, electricity, propane, and fuel oil, simply by flipping a switch on the furnace.
Compute the effective price reduction resulting from the coupon promotion.
Illustrate what is the biggest economic concern for Argentina, like unemployment or population.
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