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Some would argue that the effects of international trade is to take jobs away from domestic workers. In other words, if a country existed in isolation, incomes would be higher and the requirement for international relations would be minimized. Others argue that by allowing other countries to produce some of our required or desired goods, we can concentrate on what the domestic country does best, resulting in everyone being better off in the long run. Who is correct and why?
What is the relationship between rate-of-return and bubbles. Is it correct to say that in Chinese housing market, because the rate of return is increasing, bubbles will naturally arise and growing? Can you explain it, why?
Give an example about an Issue of Importance in the Economics of Human Capital and Quantitative Analysis. Please identify and describe an issue of importance in the Economics of Human Capital: included in this description is the economic theory compo..
An engineering company just purchased a new CAD software for $8000 now and annual payments of $500 per year for 6 years starting 2 years from now for annual upgrades. What is the present worth of the payments if the interest rate is 6% per year?
Freds Fish House is contemplating an investment of $50,000 in new shrimp boat and deep fryers. Management of this company predicts a 6.3 percent annual return on this investment. The current market rate of interest is 5.6 percent. At which of the mar..
disposable personal income decreases by $50 billion and trade deficit is reduced by $15 billion. By how much has national income (Y) change.
David consumes two things: gasoline (x) and bread (y), david's utility function is U(X,Y)=10X^0.25Y^0.75 A. derive david's demand curve for gasoline
The main reason that the Great Depression ended was:
How does our current economic growth rate compare to some of the other major countries around the world? Explain the relationship between unemployment and gross national product (GNP).
Home has 11520 hours of labor available, andcan produce two goods: helicopter blades and/or grapefruits. The unit labor requirement in grapefruit production is 240 hours per metric ton. The unit labor requirement for helicopter blades is 960 hours pe..
As a result of your prowess in identifying how many rolls of toilet paper a typical American family keeps on hand, you win the opportunity to choose one of the following: $1,800 today, $8,000 in 11 years, or $26,000 in 27 years. If you are offered $2..
If insurance companies are required to offer coverage to all interested people, it is said that premiums for each person will be increased. Assume that the insurance market is perfectly competitive. What is the major reason for raising the premium?
"Firms prefer to acquire existing assets rather than undertake green field investments while contemplating FDI." Explain the reasons that support this argument.
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