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What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.)? What fiscal policies and monetary policies would be appropriate at this time?
There are two countries in the world: Canada and Japan. There are two goods - steel and bread. Canada has 100 workers at its disposal and if it allocates all its labour to steel production it can produce 25 tons of steel
Company A manufacture cement sifters. The process includes melting of metals and chemicals which give sifters strength. In the manufacturing process, waste is produced and released into river that runs alongside of the plant.
Suppose if you were President of the United States and you were making decisions on trading, would you rather have a comparative or absolute advantage in trading?
Auctions in recent years have resulted in higher prices paid for letters wriiten by John Wilkes Booth than those written by Abraham Lincoln.which of the following events would cause the price differences in these letters to get smaller
Determine what does the Stolper-Samuelson theorem suggest in case of a country being opened to international trade?
You realize that there is a link between market strategy and organizational structure so it is time to do more research! See at 3-very different global firms, estimate their organizational structure
Is the U.S. truly an economy that promotes competition and do you think about the markets where major oligopolies exist, for instance soft drinks or fast foods and automobile producing,
What happens in the home money and FX markets if there is a temporary contraction in the home money supply? What happens in the home money and FX markets if there is a temporary contraction in the foreign money supply? What happens in the short ru..
Explain the concept of comparative advantage and the principle theories of why trade occurs and analyze and discuss the sources of comparative advantage in national economies.
Evaluate alternative propositions for economic choice by one or more individuals, firms, organizations, or governments applying one or more of the economic theories provided in the course.
Consider trade relations between the United States and Mexico. Assume that the leaders of the two countries believe the payoffs to alternative trade policies are as follows: United States' Decision Mexico's Decision Low Tariffs U.S. gains $25 billi..
The travel-to-work time for residents of the 15 largest cities in the United States is reported in the 2003 Information Please Almanac. Suppose that a preliminary simple random sample of residents of San Francisco is used to develop a planning val..
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