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1.Discuss the structure of the housing market in sydney(perfect competition, monnopoly, monopolistic competition, oligopoly).
2.Some properties are "sold prior to auction", that is, the vendor accepts an offer before the auction is actually run. Investigate and write a summary on how this process works. In particular, is there a hidden auction prior to auction day? It may happen if several buyers make offers prior to the auction.
What did Adam Smith mean when he wrote "Seldom do businessmen of the same trade get together but that it results in some detriment to the general public"?
For each situation, indicate whether you would favor an appreciation or depreciation of the Mexican Peso relative to the US Dollar. a. You own a hotel in Mexico that caters exclusively to American tourists. b. You run a tortilla factory in Mexico
Suppose that the exchange rate adjusts so that interst-rate party holds. Suppose also that the interest rate on a one-year German bond is 7 percent and the interest rate on a one -year U.S. bond is 4 percent. What is the exchange rate today.
How did the competitive environment confronting Black & Decker change during the 1980's and 1990's? What changes did Black & Decker make in its strategy and structure to compete more effectively in this new environment?
Recently there have been several news talking about the slowdown of production (and productivity) in south-east Asia (especially China). Answer the following questions under the following assumptions: there are only two regions in the world; the U..
(Depository Institutions) What is a depository institution, and what types of depository institutions are found in the United States How do they act as intermediaries between savers and borrowers Why do they play this role
Two countries, Italy and America, initially are capable of producing only two goods: wine (w) and pasta (p). Italy can produce a maximum of 200w and 0p or 100p and 0w, or any linear combination of these numbers. America can produce a maximum
The European Union has heavily sheltered its farm sector through import duties; in addition, Union subsidizes its exports of agricultural items. If cropland is regarded as a factor of production.
What is the percent change in prices of each of the goods from 2010 to 2011 and from 2011 to 2012 c. Calculate nominal GDP in Britannica for each of the three years. What is percent change in nominal GDP from 2010 to 2011 and from 2011 to 2012
One type of toy bears is in China and exported to the United State A toy bear sells for sixteen Yen in China. The exchange rate of Chinese yen and US dollars is $1 = 8 Yen.
Write a short essay evaluating the U.S. economy in terms of each of the six determinants of average labor productivity discussed in the text. Are there any areas in which the United States is exceptionally strong, relative to other countries
In your own words, summarize the United States Budget. What is the largest source of revenue for the U.S. government What is the largest expenditure for the U.S. Do you think these budget priorities are correct Explain.
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