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Find one or more articles about a good/service the United States exports and a good/service the United States imports. In a well-written paper, explain the following:
Discuss what this suggests about the United States' absolute and comparative advantage when it comes to this good/service.
Using the concepts of supply and demand, discuss what effect a "Buy American" campaign might have in the market for the imported good. Given what economists have to say about comparative advantage, would such a campaign be good or bad? Adhere to the following standards:
Your paper should be two to four pages in length, not including the title or references pages.
is the current monetary policy expansionary or contractionary? give your reasons for your answer.why has the federal
What is the "current macroeconomic situation" (e.g. worrying about inflation and/or recession) in the U.S.? What should the U.S. Congress and the Federal Reserve do about it?
Suppose a commercial banking system has $100,000 of outstanding checkable deposits and actual reserves of $50,000. If the reserve ratio is 20 percent, the banking system can expand the supply of money by the maximum amount of:
An oil cartel effectively increases the price of oil by 100 percent leading to an adverse supply shock in both Country A and Country B. Both countries were in long-run equlibrium at the same level of output and prices at the time of the shock.
Discuss and explain the relationship between Japan and Korea's unemployment? What Trends do you see in the information set?
A project consists of 20 activities whose duration time estimates in days are given below activity duration activity duration
Choose a market for a good in your area that seems to be a perfectly competitive market. Write four or five substantive paragraphs that describes the market and answers the following questions: Identify the buyers and sellers as well as the goods o..
Where Q is millions of subscribers What is the total cost function? What is the marginal Cost function?
Suppose the Value of the French Franc in terms of the dollar is 40 on October 12 and 45 on October 17. By how much has the Franc appreciated or depreciated against the dollar?
Refer to the above data. If the product price is $60, at its optimal output, will the firm realize an economic profit, break even, or incur an economic loss? How much will the profit or loss be? Show all calculations. Refer to the above data. If t..
Edgemont Company had revenues of $230,000 and expenses, including income taxes, of $190,000. On December 31, 2005 Edgemont had assets of $350,000,
Assume the market for computer chips is dominated by two firms: Intel and AMD. Intel has discovered how to make superior chips and is considering whether or not to adopt the new technology.
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