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Question: Compare the Ricardian Model against the Heckscher Model. Give examples using cases
What would you advise NUMMI management to stop doing, start doing, or do better? Discuss what are the lessons to be learned about motivation from the practices of NUMMI?
If this economy is closed, what is the equilibrium price and quantity? What is the value of consumer surplus and producer surplus if this is a closed economy
Calculate the sectoral gross outputs if the new vector of final demand, as row vector, for year 1948 is given asFDt = f42100 68500 1567001
suppose there are 9 sellers and 9 buyers in a market each willing to buy or sell one unit of a good. their values are
What can the fiscal policy makers do to move the economy from your answer in (b) back to full employment? What would the effect of the policies be on inflation.
Using information from the article estimate the total tax revenue collected. Is this an upper bound or a lower bound.
Why couldn't the problems of inflation be solved by simply requiring that wages, rents, profits, product prices, and interest rates are subject.
Suppose people freely choose to spend 40 percent of their income on health care, but then the government decides to tax 40 percent of that person's income. What can be said about deadweight loss in each case?
Coca-Cola is launching a new soft drink packaging that essentially obscures the difference between various kinds of Coke.
Excluding Appendices name six (6) key components of legislation? Explain each component - features that make up the structure of Victorian legislation
What is the saving function as a function of disposable income? What is the consumption function as a function of aggregate income
Given the following demand curve ln(Qt) = b0 + b1ln(Pt) + b2ln(Yt) + ut
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