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1. ?Does exposure to competition with the world leader in a particular industry improve a firm's productivity?
?2.? China has a large supply of labor relative to its supply of other resources, discuss the pattern of trade in China and its income distribution effect following the H-O model.
3. ?Is it possible for a low nominal tariff rate to understate the effective rate of protection? What is tariff escalation?
Describe elderly individuals who complain about the increasing cost of their medications have no real complaint.
Further assume that the marginal cost of producing a pack of cigarettes is $6, and that the market for cigarettes is perfectly competitive. Assume that each pack of cigarettes smokes does $6 worth of health damage to the smoker in the form of incr..
Suppose option A has a higher variance than option B. Which of the following statements is, in general, true?
Suppose that each of the economy’ s 600 young agents has deposits worth 100 goods with a bank no matter what the rate of return. Assume that the reserve requirement is 10 percent and the monetary base is $3, 000. Let x > n. What is the total nominal ..
i) Anti-globalisation movements often consider that globalisation harms the environment. These movements favour a localised approach to consumption.
Assume that the following data characterize the hypothetical economy of Trance: money supply = $210 billion; quantity of money demanded for transactions = $150 billion; quantity of money demanded as an asset = $10 billion at 12 percent interest, incr..
The following figure plots the average farm prices of potatoes in the United States for the years 1989 to 1998 versus the annual per capita consumption. Each point represents the price and quantity data for a given year. Explain whether simply drawin..
If a state decided to place a tax on home heating oil, over time:
q.assume that over the short run say the next five years demand for opec oil is given by q 57.5 -.5p or equivalently p
Suppose the cumulative distribution function of a random variable X is given by F(x) = 0 if x
Explain the fact that from 1900 to 2009 the female labor force participation rate increased from 20.6% to 59.2 %. Use reservation wage and technological advance
Thunder mountain concrete and building materials is trying to bring the company funded portion of its employee retirement fund into compliance with hb-301. the company has already deposited $300000 in each of the last 5 years. if the company increase..
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