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Suppose that the free-trade price of a good is $12 and a 10 percent ad valorem tariff is put in place. As a result, domestic production in a small country rises from 2000 units to 2300 units and imports fall from 600 units to 200 units. Who are the winners and losers? What is the size of their gains and losses? What is the net effect on society?
What is the equation for the market demand for this good if there are only these three individuals in the market - What is the equation for Country A's production possibility frontier?
a) What was gross foreign investment in this nation last year? b) What was net foreign investment in this nation last year?
Suppose that natural real GDP is constant. For every 1 percent increase in the rate of inflation above its expected level, firms are willing to increase real GDP by 2 percent. Draw the new short-run Phillips Curve.
Interpret what a score of 90% would mean for the four-firm concentration ratio. What are the shortcomings of concentration ratios as measures of monopoly or oligopoly power. What is the meaning of a four-firm concentration ratio.
Two indicators of economic development include Gross Domestic Product (GDP) and the Human Development Index (HDI). What is the difference between these two ways of measuring levels of economic development. Identify an advantage and disadvantage of..
What is the relationship among Japan and Korea's unemployment. What Trends do you see in the data set.
Did Enron’s Bankers, auditors and attorneys contribute to Enron’s demise? If so, what was their contribution? What role did the chief financial Officer play in creatingthe problems that led to Enron’s financial problems?
1. below are first banks assets and liabilitiesfirst bankassets liabilitiesrate-sensitive assets 20 million rate
Enrique is considering a trip around the world in three years. He will sell all of his possessions at that to fund trip. Two years ago, he bought a used car for $12,500.
Comprising a list and description of the tools organizations can use to manage risk in international finance.
Problem: A vast majority of High Performance Embedded systems today use RISC architecture why?
discuss the different economic theories of milton friedman. why was he important? has he helped or hurt our economy? if
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