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a)Health expenditures in the U.S. have increased from 5% of GDP to 17% of GDP over the past 50 years. List and explain the 3 reasons for this increase.
b) What percent of GDP does the US spend on Health care? The UK? Canada? Do you think the United States spends too much on medical care? Explain your reasoning using the PPF model
Examine issues of where, when, and how to be considered through an organisation planning an international entry strategy. How can the potential benefits be made to exceed the risks?
Which are preferable and why, fixed, flexible, or a mixture of the two exchange rates? What nations have officially dollarized their economies. How does United States benefit from it?
A possible international monetary regime consists of a world central bank controlling monetary policy and issuing a single currency used throughout the world.
The demand for money in a country is given by, Assume that the money supply is set by the central bank at $1,198,000. Determine the equilibrium interest rate.
Evaluate their skills on analytical aspects of research. The semester essay contributes towards developing the research capability of students.
Determine what does the Stolper-Samuelson theorem suggest in case of a country being opened to international trade?
Imagine that Guatemala (which borders Mexico to the southwest) has been invited to join NAFTA. Discuss the most likely static and dynamic effects on both Guatemala and the U.S.
Determine the pros and cons of a company that competes in a global environment and how do you think this has affected United States economy and global economy?
Doug Wyatt is a currency trader for Global Currency Exchange Corporation Wyatt has compiled the following data concerning the U.S. dollar or Australian dollar exchange rate.
The firm produces a global positioning system that sells for $1,000 with costs of goods sold of 48 percent of sales. Compared to the US, China offers a 6 percent cost reduction
Suppose you are a fixed income fund manager based in euroland. Expected return of the EUR bond market is 4.4 percent and risk 5 percent, expected hedged return of the United Kingdom bond market 5.5% and risk 5.5 percent.
If standard microeconomic analysis could be applied to labour market, then there would be no such thing as unemployment.
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