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(a) Thailand's rice subsidy and state-buying program resulted in a stockpile of 12.8 million tonnes of rice by 2020, or about a third of the global export market. The program has now ended and Thailand is selling off its stockpile. Who in Thailand and other Asian countries will lose and who will gain from ending the subsidy and state-buying program?
(b). You are a foreign exchange trader and you receive the following two quotes for spot trading: Bank A is willing to trade at $1.50 per Swiss franc; Bank B is willing to trade at 0.50 Swiss franc per dollar. Is there an opportunity to make an arbitrage profit? If there is, explain what you will do. If there is not, why not?
Analyze the difference between the efficiency of a tax system and the equity of a tax system. Explain why equilibrium of supply and demand is desirable.
How do people earn income Should you just consider what you want to do without considering what others' value, especially prospective employers Who best determines what to do for a career, when to do launch and what to accept in wages
Compute the new macro equilibrium under the assumption that the central bank does not respond to this shock and explain how the central bank could choose to validate this shock. Alter the AD curve to build this "validation" into the model and comput..
Why is the money multiplier in the United States smaller than the inverse of the required reserve ratio? Provide one (1) reason. Explain why depositing cash into a checking account does not change the money supply. Provide at least one (1) supporting..
Illustrate what are other significant impacts of globalization on the U.S. economy. World economy.
Calculate the equilibrium price and quantity of grasslands before the subsidy. To encourage grassland production, Simba announces a price floor of $140 per.
What is a clear cut and why is it so criticized in the US? Imagine your family lives in a country where the average annual income per household is only $300.
How they became unemployed. In a multi-paragraph essay, apply the theories of unemployment to explain the type of unemployment that each of these individuals is facing and explain which of these individuals qualifies for unemployment benefits.
1. In ________ marketing, the firm operates in several market segments and designs different products for each segment.
Who benefits from a tariff or quota? Who loses? Why--and how--would some domestic producers benefit from protectionist trade policies?
(a) Describe the initial set-up of the market; (b) Analyse the effects of the local policy on the market in the short-run;
By early 2008, most economists believed we were heading towards recession. Congress and the President passed an Economic Stimulus Package (Expansionary Fiscal Policy) and the Federal Reserve cut interest rates (Expansionary Monetary Policy). Expla..
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