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Competing in a Global Economy
Read the article "Can this Man Feed the World? Billionaire Harry Stine's Quest to Reinvent Agriculture-Again". Based on the article, evaluate challenges that a farmer will face given the low cost global competitors. What support is needed from the United States government to protect farmers to be able to compete in the global economy?
Tariff Code Provisions
Why would a country employ the use of a guest worker program? Why would a country include offshore assembly provisions in its tariff code?
After AT&T was split up by government litigation into a number of different entities (i.e., local phone companies, a long-distance phone company and a phone equipment manufacturer), what was the result on competition in the phone market?
Under one reform proposal for the U.S. Social Security system, part of the Trust Fund would be invested in stocks. The idea is that stocks have paid a higher average rate of return than government bonds in the past. Explain why this policy would prob..
When the Economy is at the point of Full Employment, is the Unemployment Rate zero percent.
What is the present worth of each of the given series of payments?
Assume there are two groups in the population, and each contributes equally to the cost of the project, but two-thirds of the benefits accrue to the richer group. How this alter the cost-benefit calculation?
The price of transplantable human organs has increased significantly in recent years. Why do you think that has occurred? Organ transplants are expensive. The hospital and medical personnel earn lots of money and the recipient pays lots of money. No ..
Assume that with probability q, the consumer is a patient person. So he will visit both sellers and compare the two prices. With probability 1 − q, the consumer is impatient and will randomly visit one -1- ECON101 Winter, 2016 of the two sellers with..
what will happen to the value of the dollar? Use the demand-supply model of the dollar to explain.
Assuming gasoline and tires to be complementary goods, the initial effect on the tire market of an increase in the price of gasoline (other things being equal) would best be described as a an increase in the demand for tires b a decrease in the deman..
Explain how making coupons for a bakery available on a mobile phone can help increase sales through this new marketing available on smart phones.
Discuss the moral hazard referred to as Conflicts of Interest. Give a recent example of one that existed and discuss the actual or proposed remedy. Give your analysis of whether this remedy adequately addresses the problem. Explain your rationale.
Assume that the demand for Internet advertising is declining at the same time that the number of Internet sites accepting advertising is increasing. Assume the equilibrium price of Internet advertisements is initially P1 and the equilibrium quantity ..
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