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Use the following link from BEA and collect the annual trade deficit data from 1980 to 2015.
https://www.bea.gov/iTable/iTable.cfm?reqid=62&step=2&isuri=1&6210=1#reqid=62&step=6&isuri=1&6210=1&6200=1
Additionally, collect the annual budget deficit data from 1980 to 2015 from the following link.
https://www.whitehouse.gov/omb/budget/Historicals
Finally, compare the relationship between the trade and budget deficit in each decade . Write a paragraph and summarize your findings. You may use different sources to help you with this assignment.Make sure to include tables for your data.
China pegs the yuan to the United States dollar at 8.3 yuan each dollar. Assume that this is above the equilibrium level of dollar in foreign exchange market.
Imagine that the firm must choose one of three quality levels: z = 1; z=2; and z = 3. Which quality choice will maximize the firm's profit?
difference between what a consumer is willing to pay for a good or service
country y has a fixed peg against the us. this decision was made in year t-3 to counter sticky double-digit inflation
Suppose that the most popular car dealer in your area sells 10 percent of all vehicles. If all other car dealers sell either the same number of vehicles or fewer, what is the largest value that the Herfindahl index could possibly take for car deal..
RainAway, Inc., makes polymers used to coat the windshields of car's, planes, and boats-Complete the following table based on the RainAway product's price, output and costs per year:
Assume that there're 10 million workers in Canada and South Korea and each worker in Canada and South Korea can manufacture four cars per year.
Has a deadweight loss been created? Why? Does the price ceiling cause economic inefficiency?
Assume that Florida migrant workers are effectively unionized. What will be the impact of unionization on?
The cenima manager observes that the increase in price causes attendance at a given movie to fall from 300 persons to 200 persons.
Compute the economic profit of the firm if Sales-10000,material cost-3000,labour cost-2000, Administration cost-1000.
the concept of opportunity cost1. estimate the opportunity cost of taking this class. include direct expenditures such
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