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1. Explain why globalization is good for the United States. What are the drawbacks of globalization for our economy?
2. We run huge trade imbalances with two countries. Explain the cause of the imbalances.
3. What is the economist's case for free trade?
4. What is meant by our balance of payments? Explain what current account and capital account are.
5. What is the gold standard? How does it work?
What are the main arguments based on social efficiency that support having an estate tax similar to the U.S. tax before 2002? What are the main arguments against having such a tax?
Elucidate why is presidential power "conditional"-that is, why it affected so substantially by circumstance, the makeup of Congress, and popular support.
Assume you are part of a research team evaluating a proposal to clean up a dangerous squander site.
Explain what elements comprise strategic-alternative bundles and why creating more than a few bundles is extraordinary difficult. Describe the six criteria that strategic-alternative bundles should meet and discuss why it is essential that good bundl..
What is the expected cost of producing the 1000th unit if the cost of producing the first was $850 and the expected learning rate is 90%?
q1. why might a company use an indirect cost discrimination scheme versus direct cost discrimination?q2. starting with
Illustrate what is the relationship between the Phillips curve, cumulative demand also cumulative provide.
Illustrate the price that consumers are willing and able to pay for this output is $40 per unit. Produces this output, the firm's average total cost is $43 per unit, and its average fixed cost is $8 per unit.
How does the change of consumer and producer surplus compared to the tax revenue.
The Federal Reserve attempts to keep prices stable and unemployment low. Is there are a contradiction in these objectives? Describe the monetary policy tools that are available to the Federal Reserve to achieve these objectives.
Elucidate with an aid of a diagram , the effect on prices and output if households decide to spend a large share of their income.
Discuss in detail, the impact that currency movements are having on the economic data that you are collecting in Part A.
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