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The belief is widely shared by newspaper columnists, TV news commentators, politicians, and other people that if the United States imports much more from a particular country than it exports (in money value terms), a problem exists. Many are upset by the fact that the United States has such a large trade imbalance with China. They think that an equivalent export-import value should exist for every two-country relationship. What do you think? Analyze how the persisting U.S. trade imbalance with China might affect the U.S. economy. Explain your reasoning.
A drought is currently affecting California, and California is experiencing water shortages. What is causing these water shortages? What are opportunity costs? What (not how much!) are the opportunity costs if the EPA were to devote 10% of its budget..
Consider an economy with a reserve requirement m = 0.25, and assume that banks, on average, keep some excess reserves. The value of the money multiplier will be. For given increase in the supply of reserves to banks by the Fed, the drop in the federa..
How are financial accounting and audit different? How are financial accounting and audit similar?
In what sense can this be said to be unfavorable to the trade partner. Does this mean that the welfare of the trade partner has definitely declined.
What is the rate of return for the following project? It costs $300,000 to start and returns $45,000 the first year
Referring to the 10-year historical period 1980-1990 discuss an example of a change in autonomous spending. Research a government policy implemented during that time and discuss the multiplier effect it had on the economy.
Discuss briefly what does "Fair Premium" mean. Calculate the fair premium that the insurance company would ask Doruk.
Listen to TWO of the following podcasts. For each podcast you listen to, answer questions (a)-(d).
a. Construct a 95% confidence interval to estimate the average beer consumption per cruise.
Suppose that in a year an American worker can produce 100 shirts or 20 computers and a Chinese worker can produce 100 shirts or 10 computers. If these countries were open to trade, which country would export shirts? Which country would benefit from t..
Briefly discuss the principle areas (trade topics) which the WTO addresses and is seeking to achieve consensus in trade?
Alzuria is a developing economy, with trade and liberalization, the country has now seen substantial development in the private sector. However, government intervention in certain markets remains strong. The banking sector has a good mix of both priv..
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