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As the Asian Financial Crisis demonstrated
1. complete financial liberalization is necessary in our global economy
2. the neoliberal presumption that all liberalization is good overlooks the inherent volatility of capital flows
3. there is little inherent difference between fdi and portfolio investment
4. moral hazard is of little concern when the state is involved in promoting economic policy
Draw a production possibilities curve between health and all other goods. Insert a point in the drawing that illustrates an economy with an inefficient health system. Insert two additional points that illustrate two efficient economies, but two that ..
You had been offered a full time job with a salary of $80,000 per year. You are currently running your own small business with annual revenue of $150,000 and accountant costs of $60,000. Would you accept the job or continue with your own business? Wh..
What would be a short-term impact on the production of the corporation. Illustrate what would be the long term.
What has been the economic effect of marijuana legalization in Nevada, California and all the states that have legalized both medical and recreation marijuana? What similarities or dissimilarities are there, when you compare marijuana legalization wi..
Describe what is meant by a dominant strategy. Given payoff matrix above, does each firm have a dominant strategy. Under what circumstances would re be no dominant strategy for one or both firms.
Explain how should the United States Supreme Court interpret the United States Constitution.
the demand for Internet advertising was declining at the similar time which the number of Internet sites accepting advertising was increasing
Suppose a politician promises a program that will give Amanda and Britney 70 units of utility for each.
Illustrate what is the key assumption of the basic Keynsian model? Explain why this assumption is needed if one is to accept the view that aggregate spending is a driving force behind short-term economic fluctuations.
Define “intra-industry trade” and indicate several reasons why such trade can take place in any given product category. Then indicate the characteristics of a country that might lead you to expect that the country would have a substantial amount of i..
A new OSHA rule requires that welders be given 2 hour break for every 2 hours of work to prevent carpel tunnel syndrome. Using production theory, explain what will happen to the capital labor ratio in both the short run (when capital is fixed) and..
Assume that wages and prices are completely and immediately flexible. Assume that oil prices increase in the United States.
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