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We are constantly hearing about mass exodus of jobs in other countries (phone service, computer services, sales). Use the concept of comparative advantages to explain why this is occuring. Also, explain how the U.S. beneits more in the long run from this shift. What sectors are harmed by the shift?
Consider a price ceiling imposed on a monopoly that is set below competitive price. Make a diagram showing the monopoly equilibrium in this case.
What is the new deficit? Explain carefully why the deficit is not zero. c. Suppose the F-L amendment was not in effect and planned investment falls to I = 55.What is the new value of GDP?
Identify trends or other patterns in inflation within the an economy of your choice over the last five years using quarterly data from the Central Bank or other Government based Statistical agency websites as a source.
Identify and discuss the tests used to determine whether a law complies with the equal protection clause?
Describe the output and price effects that influence the profit-maximizing decision faced by a firm in an oligopoly market. How does this differ from output and price effects in a monopoly market?
Use the multiplier to indicate how a decrease in investment of R50 will affect the GDP. Show all caluclations. Illustrate this on a graph
What are the two main characteristics of a pure public good (for example, national defense)? How is this different from private goods?
Variables also spell out the assumptions related to the use
Dairy farm Industry a small producer of milk and cheese, has estimated the quantities of milk.
Julian Browne, owner of Clear Interior Environments, purchased an air scrubber, HEPA vacuum, and other equipment for mold removal for $15,000 eight months ago. Net cashflows were $-2000 for each of the first two months, followed by $1000 per month..
In an article about the financial problems of USA Today, Newsweek, reported that the paper was losing about $20 million a year.
Does this change in the value of the dollar make imports cheaper or more expensive for Americans? Are American exports cheaper or more expensive for importers of U.S. goods in Japan? Illustrate by showing the price of a U.S. e-reader in Japan, before..
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