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Counterfeit goods continue to enter the United States in massive numbers. Indeed, in recent years the U.S. Customs and Border Protection Service has seized over 15,000 different shipments of counterfeit goods per year, including clothing, watches, and hand- bags. What are some ways the U.S. government can make its anti-counterfeiting actions more effective?
Kristen and Anna live in the beach town of Santa Monica. They own a small business in which they make wristbands and pot holders and sell them to people on the beach. As shown in the table, Kristen can make 15 wristbands per hour but only 3 pot holde..
Draw the complete consumption-leisure model. Be sure to label completely and correctly. Find the optimal consumption bundle.
What is currency crisis (or financial crisis)? What are the major stages of a financial bubble? Use one example (Mexican peso crisis, Asian financial crises, .Argentine financial crisis, or 2008 financial crisis) to illustrate these stages.
Select a USA from the Index also bring in additional source material to Explicate its ranking also Explain how it has changed over the last 5-10 years.
Use the IS/LM-AD/AS framework to illustrate the short-run and long-run effects of a decrease in the markup (m?). Assume rational expectations. Explain the role of the interest rate here. That is, why does the interest rate have to fall?
David Crockett intended "Advice to Politicians" to be humor but it illustrated the truth that people must be motivated to come out and vote. Andrew Jackson's "Bank Bill Veto" also motivated voters but used a different method. What was it about Jackso..
Why might the Homo sapiens production possibilities curve have shifted outward to the right much more rapidly than those of Neanderthals.
Describe the Lucas critique. Why might the level of government debt affect the government's incentives regarding money creation?
Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one can of soda, one bag of chips, and one comic book. In year one, the basket costs $8.00. In year two, the price of the same basket is $7.00. From yea..
Suppose in a firm, the probability of worker injury is = 1/20. The losses from an injury is $100,000. Suppose the cost of residual uncertainty is $3,000 and the cost from other elements of cost of risk is zero. The value of firm without risk is $2 mi..
Which of the following methods of stimulating the economy provides the federal government with the greatest control over how the stimulation takes place?
What do you mean by macroeconomics. What role does macroeconomics play in your personal financial decisions and the decisions that your organization makes.
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