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Do you favor tariffs and quotas by the U.S. on international trade? In what circumstances? What kinds of products? And why? Are you concerned about retaliatory tariffs and quotas as a result of our action? Are there economic-analytical consequences for the macro economy?
Joe subscribes to an Internet provider that charges $2 per hour. He has $100 per month to spend and is at equilibrium by buying 10 hours of Internet access and $80 worth of other goods. Draw the indifference curve and budget line. If the company swit..
When one person saves which person's wealth is increased, meaning which he or she can consume more in the future. But when everyone saves, everyone's income falls, meaning which everyone must consume less today. Explain this seeming contradiction
The Solow Growth Model. In 2010, Japan was a large open economy with perfect capital mobility that was at its steady state.
EXplain how does a decrease in foreign price levels affect domestic aggregate expenditures and demand.
Elucidate the effect this policy would have on the nation's real risk-free interest rate, nominal interest rates, real and nominal GDP.
Analyze the consequences of such a bill and whether or not you would personally favor it. Consider all the costs involved in your analysis.
If workers do not have the skills that are required in the job market, which of the following will occur? When the economy is below full employment, it is producing. How has the unemployment components of the natural rate of unemployment changed over..
Suppose both firms have entered industry. What is joint profit-maximizing level of output. How much will each firm produce. How would your answer change if firms have not yet entered industry.
Determine how sensitive the decision to invest in the new facility is to the estimates of initial cost and net annual revenue. Use a MARR of 4% per year and a 5-year study period.
Both the traditional Keynesian theory and the new Keynesian theory indicate that the short-run aggregate supply curve is horizontal. Tasks: Answer the following questions: ? Is there any difference between the two approaches of the Keynesian theory a..
Participate in a discussion with your classmates regarding where you see the U.S. economy in its business cycle right now, as based on the economic concepts in the textbook. Now that we learned that the real business cycle results from fluctuations i..
If the note matures six years from today, how much money will you recieve from all the investments? Express this also as an annual rate of return.
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