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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?
The company's settlement obligations are expected to raise its average total cost per pack by about $60. Illustrate what effect will this have on its optimal price.
A local golf course just bought a lawn mowing machine. It comes with 2 yr free maintenance. The manager wants to provide enough money in an 8.00% bank account now (EOY -0) to have a fund out of which he will pay for needed maintenance. At the end of ..
The Governor of Arkansas has asked you (her crack economic advisor) to analyze how employment in trucking and poultry processing will be affected if the legislature passes a proposed law that will increase labor cost in both industries by ten percent..
You are going to display what happens in the long run in perfectly competitive markets when firms are operating at a loss. Demonstrate the shift that will occur in the market in the long run if all firms in this market are operating at a loss. Identi..
What is the present worth of each of the given series of payments?
Illustrate what percentage does equilibrium cost level differ from its initial value if output increases to Y = 106 (and r remains at 0.10).
Explicate why the cost structure associated with many kinds of information goods also services might imply a market supplied by a small number of large firms.
The structural engineering design section within the engineering department of a regional electrical utility corporation has developed numerous standard designs
If a hurricane strikes Florida, and destroys 20 thousand pounds of oranges, what will the new equilibrium price and quantity be?
Illustrate what conclusions can you draw about the similarities and differences between the EU and globalization.
After school one day, the teacher discovers this student beating up another student and has to break up the fight. The teacher has turned to you as the vice principal in charge of discipline. Using the theories you have learned this week what do y..
If you were the Prime Minister of the United Kingdom, in terms of cultural identities. What do citizens of your country (united kingdom) have in common with the migrants? Is there pressure (economic, political, religious) on your to accept migrants i..
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