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What do we mean by vertical disintegration and service outsourcing (offshoring)? Explain how vertical disintegration and service offshoring have increased world trade as a share of world production significantly in recent years.
Arrange the following elements in order of increasing (from smallest to largest) atomic size: K, O, Cs, Se.
Explain the government uses policies like student loans and free trade to influence the economy's growth rate.
What would the government surplus/deficit be, what would the trade balance be and what changes would occur if G were increased to $941?
Assume that following supply-side disruptions due to COVID-19 pandemic, construction materials (for example, steel and timber)
Beauty lotion is a skin-moisturizing product that contantains rich oils, blended especialy for overly dry or neglected skin. Product is sold in five once bottles by a wide range of retail outlets.
Suppose an adverse productivity shock reduces the marginal product of labor to MPN = E(360 - 4N)/30. How would your answers to parts (a) and (b) change?
Suppose the real GDP of a country increased from 2,000 billion to 2,100 billion in one year. In the same year, population growth rate was 3%. How much was the growth rate of real GDP per capita in that year?
The U.S. Congress has done a good job at not spooking the markets. If the markets believed that the Fed would be raising the interest rates, the economy could slip into another recession.
Assume the situations faced by the subsiquent individuals. Who gains and who loses.
Let QD = 60 - P and QS = 2P - 90 describe the demand and supply function for a commodity. Suppose that government imposes a $3 tax per unit sold on producers. What is the tax burden (incidence) of producers
Respond to the charge that immigrants flood the labor market and drive down wages in the US. Why are cartels unstable and why do they often fail?
Suppose the average puppy weighs 10 pounds. A sample of 10 puppies yields a sample mean of 13.2 pounds and a sample standard deviation of 2.78 pounds. Assume the population standard deviation is known to be 5.25.
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