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Two countries, Italy and America, initially are capable of producing only two goods: wine (w) and pasta (p). Italy can produce a maximum of 200w and 0p or 100p and 0w, or any linear combination of these numbers. America can produce a maximum of 50w and 0p, or 400p and 0w, or any linear combination of these numbers. (place wine on the x axis and pasta on the y axis)
what is the Italy's Marginal Cost of producing WINE for every (one) PASTA not produced.
Think the yearly budget deficit in the U.S. versus GDP, How does this compare to other industrial economies? What is your opinion on this relationship of budget deficit to GDP?
Does the fact that there are no "runs on banks" mean that all banks in the U.S. are fiscially sound How do banks "create" money, how does the Federal Reserve Bank control this process and how well is this process operating in today's economy
terrorst attacks foster inability and may affect productivity over the short and long term. Do you think the september 11, 2001, terrorist attacks on the World Trade Center and the Pentagon affected short-and/or long-term productivity in the Unite..
he total annual output of the U.S. economy measured at the third quarter of 2010 was $13,278.5 billion. The total number of people employed as of December 2010 was 139,206,000. Calculate average labor productivity for the U.S.
Determine what has caused the United States run a merchandise trade deficit year after year since the early 1980 discuss the relationship between a country's net financial inflow and its current account?
Derive a long-run model of exchange rate determination, if exchange rates are determined by Absolute PPP, and goods prices exibly adjust to bring about equilibrium in domestic money and nancial markets.
In 2005, then Federal Reserve Governor Ben Bernanke, now Federal Reserve chairman, said in a speech: "Over the past decade a combination of diverse forces has created a significant increase in the global supply of saving - a global saving glut.
in US, gas cost 2.5 per gallon. in italy, gas cost 6 per gallon. what effect dose this price differential likely have on a.the size of cars in us and italy b. the use of public transportation the us and italy c.the fuel efficiency of cars in the us ..
What would be the relative supply of Cars in the world market, if both NZ and UK were to produce these two goods on the basis of their comparative advantage in production?
As a treasurer of a large United State corporation, you must decide how best to manage the company's cash flows to maximize profits, subject to maintaining an acceptable level of risk.
In terms of trading bloc characteristics, how does the EU (European Nation) compare with the 50 States in the U.S. What does the WTO do that differentiates it from the section 201 provision of U.S. trade law What is Multilateralism and how has it be..
Calculate the forward discount or Premium for Mexican peso whose ninety day forward rate is $.102 and spot rate is $ .10.
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