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A country has an absolute advantage in the production of two goods (coffee and cars) but also benefits from trade in these goods from other countries. Explain why.
A sample of 25 items yields = 50.0 grams and s = 2.5 grams. Assuming a normal distribution, construct a 99 percent confidence interval for the population mean weight. Please show work
What is the marginal propensity to consume in this economy? What is the multiplier in this economy? What is the equilibrium level of GDP in this economy?
What is business cycle? Describe the four phases of the business cycle. Where on the business cycle do you think the U.S. economy is today?
If the government decides to intervene to return the economy to full employment, elucidate what will happen to the economy in the short run and in the long run.
Suppose that yi receives $ 60 per day as interest on inheritance and her wage is $25 per hour, and she can work a maximum of 16 hours per day at her job. draw her daily budget constraint.
1. movie tickets prices increased by 5 and resulted in a 8 drop in sales. what is the price elasticity of demand?2. if
The table below shows actual sales for your company for the last six months ("month" = "period"). You are interested in forecasting sales for the upcoming month (period 7).
calculate The inflation rate between year 1 and year 2 is - calculate The inflation rate between year 2 and year 3.
Assume that Jimmy Cash has $3,100 in his checking account at Folsom Bank and uses his checking account card to withdraw $310 of cash from the bank's ATM machine.
You can type whatever it is that you want to learn to do in Excel and press "Enter". So if you want to know how to create charts and you want to know which tab it is located in, type the word "charts". Excel will give you different options: if you..
If you invest $1000 in a stock, borrowing $900 of the $1000 at 10 percent interest, and the stock price rises by 20 percent, what is the return on your investment?
Draw a diagram depicting a small importing country with a nonprohibitiveimport tariff (T) in place. On the diagram indicate the tariff rate and theequivalent import quota (Q) that would generate the same domestic price.
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