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Assume Canada is a small open economy that imports some of the grapes it consumes.
a) Draw a diagram showing the equilibrium under free trade in grapes
b) Show the effects of a $1 per kg tariff on imported grapes.
Show the effect on : imports, Canadian production, consumption, the government's revenue, the change in (Canadian) producer surplus, consumer surplus, and total surplus.
c) What would be the effect of replacing the import tariff with an import quota? Which would be better? Explain.
What is the organization of workers that tries to improve working conditions, wages, and benefits for its members.
You might want to compare your country with other countries (maybe with the World average). This will help you to understand whether the inflation or unemployment is too high, or growth is too low in your assigned country.
Explain why do people who work at investment banks earn so much. What is the justification for capital requirements imposed by bank regulators.
Calculate a market basket and a price index for each year, using 2001 as your base year and calculate the annual rate of inflation from 1992-1997, from 1997-2005, from 2001-2005, and from 1992-2011.
In answering the latter question, pay attention to the long-run relationship between domestic and foreign nominal interest rates.
Consider common and expected business practices. As mentioned above, what are the employment laws? Are there minimum wage laws, and are there penalties for firing employees?
What are labor COSTS in MS project? How do we assign labor COSTS to a task in MS Project? Describe AND provide a screen shot of the steps.
Joe owes Willy $5,000 from an old gambling debt. Joe knows that there is no way he can repay the debt in the near future. He asks Joe if he will take a $25,000 life insurance policy that has a cash surrender value
Illustrate what effort does the principal want to induce when effort is not observable. Illustrate what is the optimal contract for the principal.
What is the efficient level of effort by the attorney? (Write "high", "medium", or "low") What level of effort will the attorney exercise when the contingency fee is 30%? (Write "high", "medium", or "low") How much will the victim take home as her aw..
1. What are the conditions that are required to establish password protection and what are some reasons why passwords might not be the best approach to security?
BUS103 Introduction to Macroeconomics. Calculate chain volume measure of real GDP in 2014 and 2015 expressed in base-year prices. Then, calculate the real GDP growth rate between 2014 and 2015
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