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Explain how international trade can create higher total welfare in both the importing and the exporting country. Which agents (from among importing country's consumers and producers and exporting country's consumers and producers) are better off, and which are worse off as a result of free trade between the countries?
Illustrate what will happen to the equilibrium level of income if investors become optimistic about the country's future and raise their investment.
OPEC is the economist's favorite cartel to study, partly because it had such a spectacular short-run success and partly because oligopoly theory could be used to predict how OPEC pricing actually evolved. Research some recent developments in petro..
Derive LM curve through one of the standard methods used in Macroeconomics. Be sure to label all axis and curves on your graph. Describe in writing to what your derivation brings equilibrium and how it accomplishes this.
Describe by what percentage would a 10% rise in the price reduce the quantity demanded, assuming price elasticity remains constant along the demand curve.
What is Country A's GDP, What is the composition of GDP by percentage, What is the GDP per capita and How does this relate to Keynesian economics?
What is monopolistic competition and why/where is it different from perfect competition Explore how firms in monopolistic competition differentiate their products or services to generate a market niche and gain more control over their pricing.
If the reasons for the EU's high structural unemployment are so obvious, why not governments relaxing strict labor laws and reducing social charges levied on employers.
Assume the supply of good X is given through Qsx = 10 + 2 Px . How many units of good X are produced if the value of good X is 20?
assuming the the merger in the automotive industry faces some threats and that the industry decides on self expansion as an alternative strategy, describe the additional complexities that would arise under this new scenario of expansion via capita..
Assuming that there is a dominant firm, whose marginal cost is constant at $6. Derive the residual demand curve that it faces. Calculate its profit-maximizing output and price and show just the Output number and Price per unit.
Explain is it false that the influence that FED policies have on excess reserves makes a difference.
When Hallmark stores offer a product line that includes everything you need to have a Spiderman theme birthday party, what is the primary segmenting dimension that Hallmark is using? Which is the first step in market segmentation?
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