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A consumer receives income y in the current period, income y in the future period, and pays taxes t and t' in the current and future periods, respectively. The consumer can lend at real interest rate r. the consumer is given two options. First, he or she can borrow at the interest rate r but can only borrow an amount x or less, where x < we - y + t. Second, he or she can borrow an unlimited amount at the interest rate r2 where r2 > r. Use a diagram to determine which option the consumer chooses and explain your results
Explain the nature of the deadweight losses that occur from a tariff. What is countervailing duty, why is it needed, and how does it work. What is the difference between a specific tariff and an ad valorem tariff.
Summarize the firm's history, its recent and current operating results, and the economic, social, and political forces that affect it most and present a brief SWOT analysis.
write 400-600 words that respond to the following questions with your thoughts ideas and comments.conduct research
in costa rica only a few beaches remain that are nesting grounds for sea turtles. some of those beaches have
suppose you have two types of customers. type 1 customers typically purchases your firms product in bundles of 100
What is the objective of the entrepreneur when it comes to the use of his or her resources? What is the major function of the middleman? Is the middleman an entrepreneur?
define performance appraisal and explain the areas in which performance data and information are used for making
Tariffs not only reduce the volume of imports, they also reduce the volume of exports
Assume that a $100 at February 1, 2014 will worth $110 on January 31, 2015 and was $ 90 on January 31, 2013: Compute the interest rate for past and next year. Are they the same? What is the annual interest rate for the two years period?
Consider the pricing problem of Alcoa's cookware division. Suppose that the world last for only two periods, period 1 and period 2. A saucepan last two periods, so that a saucepan that is bought in period 1 can also be used in period 2. Consumers val..
Individuals exchange commodities subject to the cash-in-advance constraint \(pz
It is often alleged that Japanese producers receive subsidies from their government permitting them to sell their products at a low price in the U.S. market.
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