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"Why is it that some economists are suspicious that some of those who claim they are for 'free trade, but fair trade' are not really championing the cause of free trade?''
If the central bank (such as the fed in the us) of a country is steadily losing their foreign exchange reserves under a fixed exchange rates, then probably
What can we say about the price elasticity of demand for nicotine products (such as cigarettes, pipes, tobacco) in the group of nicotine addicted users, versus the group of "social smokers"? Can we say whose demand is likely to be more elastic? Why?
Suppose that the demand curve for a product is given by P=36-Q where P is in thousands of dollars per auto and quantity is in millions of cars per year. Please make a graph of the demand curve.
Consider the following table displaying annual growth rates for nations X, Y, and Z, each of which entered 2009 with real per capita GDP equal to $20,000: Which nation most likely experienced a sizeable earthquake in late 2009 that destroyed a signif..
Suppose instead that the station seeks to maximize its profit from sales of the DVDs. Illustrate what price should it charge. How many DVDs should it order from which supplier.
Elucidate how a firm's production function is related to its marginal product of labor, how a firm's marginal product of labor is related to the value of its marginal product.
Write a thorough analysis of unemployment, defining the various types of unemployment, full employment, and the natural rate of unemployment. Describe the impact of unemployment on the economy and your solutions to lower unemployment. Remember to ..
The economy's factors of production are not equally suitable for producing different types of goods. This principle generates:
how can a monopolistic competitor tell whether the price it is charging will cause the firm to earn profits or experience losses? What can it do to increase profits?
A U.S. government bond matures in 10 years. Its quoted price is now 96.4, which means the buyer will pay $96.40 per $100 of the bond’s face value. The bond pays 5% interest on its face value each year. If $10,000 (the face value) worth of these bonds..
For each of the following events, describe the effects on the Canadian economy assuming that it is originally in long run equilibrium. For each, explain the short and long run effects in the context of an aggregate supply and aggregate demand diagram..
HI5003 Economics for Business. Economic Growth - Compare Australia with any other advanced economy or developing country and discuss their economic growth during last 5 years and its effects on the society
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