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Question: The US economy was in recession in 1974, 1980, 1982, 1991, and 2001. Based on our earlier discussion of export and import functions, net exports would be expected to increase in recession years because of the decline in imports. Yet the ratio fell slightly in 1974 and 2001, and was virtually unchanged in 1982; only 1980 and 1991 fit that pattern. Why do you think net exports continued to decline in those other recession years?
Which of the project alternatives should be chosen by the company? Which decision rule should be the basis of decision making when the outcomes conflict?
In the United Kingdom and several other countries, the loser of the case pays the winner's legal fees. Do you expect to see plaintiffs' attorneys operating.
Consider an electric company that generates atmospheric pollution. Suppose the Government imposes a tax directly on the sellers of electricity. Consider the market education. Let the Government provide a subsidy to the students. This policy will hav..
Would the government encourage a decision to expand and how would it affect the reputation of the business?
Comment on the seven thinking hat method. Do you think it makes sense? Why/why not? Comment on the effect of such language on diffusion of responsibility.
Chinese Tire Maker Rejects Charge of Defects U.S. regulators ordered the recall of more than 450,000 faulty tires. The Chinese producer of the tires disputed.
Show a tax or subsidy wedge (whichever you think is appropriate) that will solve the problem of the external cost
Governments worldwide are turning to "protectionism" to cope with economic problems, imposing tariffs and subsidies on foreign goods and restrictions/incentives on their own firms to keep jobs at home. What are the strategic implications of this t..
1. Define macroeconomics. Identify and briefly discuss the 3 goals of macroeconomic policy.
Suppose that you value a hat from your favorite university at $20. The university bookstore has the hat on sale for $15. You purchase the hat but lose it on the way home. What should you do? Assume that losing the hat does not alter how you value it.
Define the type of market in which your selected product will compete, along with an analysis of competitors and customers. Analyze any comparative advantages and international trade opportunities.
'How would you describe global flux? Canyou think of particular ways in which the phenomenon of global flux has changed our perceptions of "culture"
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