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How can US incomes be growing and not growing and both be true? Explain. How come the rich are always getting richer but their share of income does not seem to be changing? Explain. What is the status of the poor today compared to 40 years ago? Explain. What impact does willingness to work and the presence of welfare have on income? Explain. How are the rich and poor different on the work item? Explain. What is the danger of a politician who proclaims envy against those who earn more? Explain.
Suppose that the current Canadian dollar (CAD) to U.S. dollar exchange rate is $0.8 CAD = $1 U.S. and that the U.S. dollar price of an Apple iPhone is $280. What is the Canadian dollar price of an iPhone What is the new Canadian dollar price of an ..
Do you think that NAFTA has forced the US economy to reallocate its resources to more capital intensive goods? If so, what would be the long term impact on economic growth
According to your reading, which market structure is more applicable for the market for building commercial aircrafts, when there are two major manufacturers of the commercial airplanes and little possibility of entry by new companies:
If the U.S. dollar were to appreciate substantially, what steps could a domestic manufacturer such as Cummins Engine Co. of Columbus, Indiana take in advance to reduce the effect of the exchange rate fluctuation on company profitability
due to growing U.S. economy, the overall market demand for nails will increase by 2 percent. Based on this information should you plan to increase or decrease your production on nails. the overall market supply of nails will decrease by 2 percent.
Most nations are interdependent where trade is concern. We all depend on each other. Should America aim to be self sufficient in the production of goods and services, rather than depending on other nations for trade?
If the college had to charge the same tuition to all students, would it accept lowhincome applicant?
Explain why this is puzzling. How can the puzzle be resolved, if at all? What are the main alternative approaches? Discuss briefly the advantages and disadvantages of each.
Our economy thrives on competition. Market forces will lead companies to manufacture the mix of goods most desired. Unforeseen events can be responded to in a rational manner.
Company A manufacture cement sifters. The process includes melting of metals and chemicals which give sifters strength. In the manufacturing process, waste is produced and released into river that runs alongside of the plant.
Certain groups of countries, particularly if Africa, are far less economically developed than other regions such as europe and north america.What sort of integration arrangement do you think developed countries could create.
The report will also analyze the key reasons why the country has performed the way it has over the past two and half decades. This should include reference to the economic theories that are covered in the course.
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