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Trade barriers (quotas and tariffs) are often used to protect domestic workers. Explain how the use of such barriers creates higher unemployment rather than protecting it.
An open economy has the following pattern of income and domestic expenditure: For each of the three years, evaluate the balance of trade facing the economy.
Illustrate what effects can the ownership of a significant part of a private firm by the government have on the firm's decision-making process and on the economic system in general
Consider city of Silver Spring, where zoning laws limit the number of video arcades to one. The city only video arcade has a price of $.50 a game with an average cost of $0.34 a game.
Illustrate what effects would their combined actions have on GDP. Illustrate what effect would this have on your industry.
Explain what, in turn, will happen to income. A government official suggests increasing government purchases by $100. What is the main benefit of this proposal What is the main drawback of this proposal
Elucidate in detail the Federal Reserve's Interest Rate Policy and Economic Recovery.
Company A successfully launches a hostile takeover of company B, in which company A purchases all the assets of company B.
If a scale economy is the dominant technological factor defining or establishing comparative advantage, then the underlying or establishing comparative advantage, then the underlying facts explaining why a particular country dominates.
The poverty rate would be substantially lower if the market value of in-kind transfers were added to family income. The largest in-kind transfer is Medicaid, the government health program for the poor. Let's say the program costs $7,000 per recipi..
Sales for year just ended were $500, and fixed assets were used at 80% of capacity. Current assets and accounts payable vary directly with sales.
Pace Automation Corporation in Cookeville, Tennessee must choose the better economical alternative between the two listed below. If 1,000 units are required per year, which alternative is economically attractive? Assume that the life of the automa..
The impact of changing from a federal income tax to a federal consumption tax would be:
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