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Use the following data. The IMF World Economic Outlook reports the following unemployment rates:
Region 2007 2009United States 4.6 5.4Euro area 7.4 7.3Japan 3.9 3.9
1. What do these numbers tell you about the phase of the business cycle in the United States, Euro area, and Japan in 2008?
2. What do these numbers tell us about the relative size of the natural unemployment rates in the United States, the Euro Area, and Japan?
For the U.S. perspective, imports are the goods produced by foreigners, imported to the U.S., and consumed by Americans. Exports are the goods produced by Americans, exported to other countries, and consumed by foreigners. U.S. GDP does not includ..
National Products Company participates in a highly competitive industry. In order to meet this competition and to get profit goals, the corporation has chosen the decentralized form of organization.
Calculate the quota rent and asuming that the quota licenses are given to domestic producers, what is the net effect of the quota on Agronomia's welfare?
Some nations do not protect human rights in the similar manner as the US. At times, the U.S. should threaten to restrict United States imports from or investment in a particular nation if it does not correct human rights violations.
Assume a scenario where you are an entrepreneur considering to expand your production of kitchen gadgets. You require to pay back a loan of $5,000,000 over 5-years.
The Republic of Republic produces 2-goods, marshmallows and soda water. In 1994, the one hundred units of MM produced sold for $3 a unit and 50 units of SW produced sold for $1 a unit.
Can operate at the upper limit of your competence and can critically analyze and question claims made about the design and deployments of new communication services
Determine the advantages or disadvantages of buying imports versus buying domestic products in relation to fashion industry.
What determines which goods a nation manufacture and export? How low must a quota be in effect to have an impact?
In response to what seemed to be a flood of illegal aliens, Congress made it a federal offense to employ illegals and strenuous, effective efforts are made to export them. How will these measures affect the U.S. production possibilities frontier
Let us determine what happens to exchange rate between the U.S. and imaginary country of Oz. The ruler of Oz is a totalitarian wizard. Since the economy of Oz is centrally planned
Suppose that the corn production needs only land and can production requires only labor. The US can produce either seventy kilograms of corn or 100 cans in an hour.
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