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Following the recession, the rate of savings in the united states doubled. why do you think this is? How do you think the increase in savings affected overall consumption? Since, on average, 70% economic activity in the United States is based on consumers purchasing goods and services for consumption, how do you think the increase in savings affected the aggregate expenditure?
Determine the quota induced price increase and the resulting decrease in consumer surplus and what is the overall welfare loss to Venezuela as a result of the quota?
The German Chancellor Merkel stated that Europe is facing the biggest difficulty since WW2. Why? Determine the nature of this trouble?
Discuss similarities between the principle of comparative advantage and absolute advantage? Are there any differences between two principles?
In the mid-1990s and through the early 2000s, Japan's annual money supply growth rate fell to 1-2 percent from an average annual rate of 10-11 percent in the late 1980s. What effect did this decline have on a. Japanese real output
Assume two nations that each manufacture two goods X and Y defined as follows. Assume that the home country experiences technological growth in X sector such that α rise to 12.
Josephine makes $100 a day as a flower shop attendant. She takes off two days of work without pay to travel to another city to attend her sister's wedding. The cost of transportation for the trip is $180 round trip.
Discuss the advantages and disadvantages of free international trade and imagine that you are Minister of Finance in a country which is in the middle of a recession. Discuss the economic policies that you can implement to impro..
Burger King Beefs Up Global Operations
The Cairo plan called for sizeable monetary pledges from developed countries to support enhanced population planning in the developing world. For the most part, those pledges have not been honored. Do you think the financial obligations assigned to..
Focusing on the production of a nation other than the US. Determine what is currently going on with the Canadian Automotive Industry and explain why is this important?
Derive a long-run model of exchange rate determination, if exchange rates are determined by Absolute PPP, and goods prices exibly adjust to bring about equilibrium in domestic money and nancial markets.
Ethanol is widely used as a component in gasoline. Ethanol can be produced from various crops, with corn as the usual production supply in the United States. General Motors promotes their flexible-fuel vehicles (FFVs) that are capable of burning e..
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