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What is the Free Trade Agreement of the Americas? Most arguments for or against the FTAA are based on the success and/or failure of the NAFTA agreement. Based on your research of these two agreements, do you think the FTAA should be established? Why or why not? Defend your answer.
Think about or look around your house for something that was made in another country. Based on the principles of comparative advantage what advantage does the exporting country have? Why? Was it beneficial in some way to the US that the item was made..
A concrete and building materials company is trying to bring the company funded portion of its employee retirement fund into compliance with HB-301.
Consider an income guarantee (traditional means–tested) program with an income guarantee of $5,000 and a phase out rate of 25%. This means that individuals always have at least $5,000 in disposable income but lose 25 cents of the income guarantee for..
Monopoly and Antitrust Policy. What is the difference between holding a monopoly and monopolization? Which is illegal? Explain.
Illustrate and explain how a government budget deficit can lead to a higher real interest rate. Discuss how the effect of a budget deficit on the real interest rate could be altered by an increase in private savings.
Arguments for public subsidies for education are based upon: The cobweb model of educational attainment is most likely to be applicable when:
What is the present value of $3000 per year for 8 years discounted back to the present at 10 percent? What is the present value of perpetual stream of cash flows that pays $50,000 at the end of year one and then grows at a rate of 4% per year indefin..
The economies-of-scale curve is a long-run average cost curve, because
explain the future consequences of this action on the economy and the inflation rate. Please indicate the documentation on your research.
Show why the firm should not be charged a per-unit tax on the firms output to compensate for the pollution it discharged into a major river. Devise a game plan for responding to the questions that will be raised in the joint session of the subcomm..
The makers of academic books find that when they raise the price of the average book from $60 to $95, quantity demanded among students drops from 100 to 85. Among casual readers, quantity demanded drops from 80 to 35. Calculate the price elasticity o..
Suppose that a jewelry store found that when it increased prices by 10 percent, sales revenue increased by 3 percent. Which of the following is true about the price elasticity of demand for the store's goods?
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