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Despite the economic progress that the U.S. has observed in thepast century, the standard of living remains extremely low in manycountries. Consider the following regarding poverty indeveloping countries:
Why are some countries rich while others are poor?
Consider some primary differences between countries which differences do you expect to affect economicgrowth and wealth?
Right now many economies around the world are growing much faster than the United States. That means that the gross domestic product (GDP) of countries like China, India, Brazil, and Russia is increasing every year at a faster rate.
Explain 3-ways in which Federal Reserve can change the money supply. If the Federal Reserve is going to adjust all of these tools during an economy that is increasing too quickly.
On Friday, New York foreign currency market closed with a quote of $1.0900 per Euro. To stimulate economic activity the Federal Reserve hints that interest rates will be lowered by fifty basis points
Do you have any suggestions for where the government may need to cut spending to lessen the deficit that is increasing due to the tax cut Which programs can the U.S do without right now
Suppose that the United States can manufacture Toyotas at the cost of $18,000 per car and Chevrolets at $16,000 per car. In Japan, Toyotas can be manufactured at 1,000,000 yen and Chevrolets at 500,000 yen.
How would a substantial appreciation in the European euro in the foreign exchange market affect the quantity of imports of European products by the U.S. How would such an appreciation of the European euro affect travel by Americans to Europe
Why would you expect the inflation rate to accelerate if the actual unemployment rate declined to a level lower than the "full employment" unemployment rate (NAIRU)? Explain your answer in a few sentences. What state of business cycles (such as re..
compute the equilibrium price and quantity when the per-ton price of scrap steel was $156, and the equilibrium price-quantity combination when the price of scrap steel reached $302 per ton. Suppose the cost function of a representative minimill pr..
Foreign Direct Investment - Prepare a power-point presentation on Toyota's international market strategy.
Provide three arguments for trade restrictions. Since economists do not trade restrictions, make the case as an economist against trade restrictions for these three items.
Suppose that Norway (country 1) and Russia (country 2) are the only two natural gas exporters to Germany. The inverse demand curve is P= 100-Q, where P is price and Q is the total quantity in the market. Costs are C1=Q12 and C2=10*Q2, where C1 and..
Due to the problems in countries such as Spain, Italy and Greece; Germany had (and is having) an inflow of workers looking for jobs (and better conditions) from these countries. Due to the unfavorable economic conditions in their own countries the..
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