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Describe developing countries and how they differ from industrial market economies. How can international trade aid development? In what ways does the international economy impose problems on developing countries?
if the government wanted to use a food tax in order to significantly reduce the quantity of sweet and sugary drinks we consume, this could be accomploshed with a relatively small food tax on these drinks if: demand was elastic, demand was inelast..
as an economist for abc plastics your boss has asked you to respond to some questions she has regarding the companys
Which of the following events would cause a movement along the demand curve for U.S. produced clothing, and which would cause a shift in the demand curve?
for every penny that the price of gasoline goes up the U.S. postal service experiance a monthly fuel cost increase of $8 million. State what assumptions you need to make to answer this question
france can gain specialization and trade as it recieves more than __________( 7lbs,1lb,4lbs,1/4lb,1/7lb)of fish per each bottle of wine it exports to austrailia.similarly australia can gain from trade as long as it recieves more then _______(4 blo..
create a flowchart by describing how money flows from the US Federal Reserve to the individual consumer and back to the government by illustrating the various ways money is distributed through financial institutions..
Every single state separately as unemployment rate, participation rate, change in vacancies, employment growth or decline etc. All data needs to be based in either 2013 annual report, or 2014 first half year.
the village of pescatore is situated next to a medium sized lake in which citizens can fish from privately owned boats.
question 1 what are the highest and lowest payments from the writer that the beekeeper-farmer team will accept for the
b. What is the Economic profit or loss you are making? c. What output level is the minimum point for Average Total Costs (ATC)? d. What output level, Q, and price/trip, P, will economic profits be zero? Note
in an effort to increase revenue for the insurance industry all insurance companies increased prices by 20 percent. to
Compute the equilibrium price and quantity. Describe why the output and price levels are different for X1 and X2. Explain what occurs to consumer surplus, producer surplus, and deadweight loss.
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