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Q1. Suppose that the government chooses conscription i.e. government services the representative consumer to supply units of time to the government as military service C with a lump-sum tax. With the help of a diagram show the effects of conscription on cumulative consumption, leisure, and services the real wage and aggregate output.
Q2. Do you think it is a good idea for the Russian government to take the measure of encouraging foreign carmakers to build factories in Russia instead of setting trade barriers as it did in 2002 to help relieve its carmakers from the challenges from the imported used cars? Why or why not?
The third largest city of a country has a population of 12.5 million.
The payoff matrix of economic profits above displays the possible outcomes for Bob and Jane who are involved in game of whether or not to advertise.
How can the issue, perspective, concept or model enhance and enrich understanding of International Economics.
The electric power industry is held up in the article as an example of a natural monopoly. Brainstorm other examples that can be readily identified in the present market economy.
Explain how the MAS have successfully used exchange rate policy to achieve price stability for the last two decades.
Calculation of the unemployment rate and part time workers who would prefer to work full time.
Pretentious that yields for each stock are around generally distributed, with which investment strategy do you have the smallest chance of losing money?
Why might these firms agree to form a cartel. If such a cartel is formed, use the prisoner's dilemma to explain why it may or may not survive.
Using a wholesale price of $4 per case in each state, calculate the breakeven output quantities for each alternative.
Product Y can be sold at a profit if $100 per unit, and product K can be sold at a profit of $25 each.
Assume that this cost is set by an upstream wholesaler with monopoly pricing power.
Federal Reserve lowers the required reserve ratio from 0.10 to 0.05. How does this affect the simple money multiplier.
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