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Problem
Following up on specializations that countries have with production, what do you think is a good example for the United States? What is a product or service that many countries would think that the United States specializes in to the degree that they purchase it from us? How about a product or resource that the U.S. purchases from a foreign country because they specialize in it while we do not?
Your switched network has two Catalyst 3560 switches with redundant connections. You are configuring the switches to increase available traffic bandwidth between them by actively negotiating an EtherChannel using PAgP channel group 1.
Discuss ways the Fed's objective function can be used with an economic model to evaluate alternative monetary policies. Discuss ways that economists could use the Phillip's curve to create better economic policy than we currently have.
What is a rating for the amount of data that can be sent over a network in a period of time?
Discussion- Trade is designed to create bigger market opportunities, so why is the balance of trade so out of balance for the U.S.?
Imagine a nation discovers a massive source of oil off of its shore that it never knew existed. Imagine that this oil discovery has made the country instantly rich. What would oil drilling companies want to do? What would the government want to do
Suppose that an amazing new fertilizer doubles the production of potatoes. How would this discovery affect the production possibilities frontier.
Assume the Disney Company was experiencing above normal benefits. What would you predict would happen over time
Suppose that the market for haircuts in a community is perfectly competitive and that the market is initially in long-run equilibrium. Subsequently, an increase in population increases the demand for haircuts. In the short run, we expect that the ..
Using the midpoint formula, calculate the price elasticity of demand for the following problem: Calculate the income elasticity of demand using the general formula for elasticity:
The quantity of money grows at a rate of 20 percent a year, real GDP grows at 8 percent a year in the long run, and the velocity of circulation is constant. What is the inflation rate in the long run
Identify at least two concepts or quotes from the readings that you would like elaborated in classand why.
Fiscal policy is most effective in a fixed-rate system when capital is perfectly mobile because there is no domestic “crowding out.” Explain what is meant by the term “crowding out,” and then critically evaluate the previous statement using the IS/LM..
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