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Q1;
What are the disadvantages of engaging in strategic trade policy even in cases in which it can be shown to yield an increase in a country's welfare? Q2;
Suppose the U.S. government were able to determine which industries will grow most rapidly over the next 20 years. Why wouldn't this automatically mean that the nation should have a policy of supporting the growth of these industries? Q3;
If the United States had its way, it would demand that Japan spend more money on basic research in science and less on applied research into industrial applications. Explain why in terms of the analysis of appropriability.
What are the major reasons for these nations to question their participation in the EU? Are they political or economic considerations?
What distinguishes Socialism, Capitalism, Feudalism and Mercantilism? Note the general time line of the development of each
What is each orchard's labor demand as a function of the daily wage W? What is the market's labor demand?b. Ectenia has 200 workers who supply their labor inelastically. Solve for the wage W. How many workers does each orchard hire? How much profit..
The Parker Company's stock has a beta of 1.2. The risk-free rate is presently 5 percent and the market risk premium is 4%. Calculate the new required return if the slope of the SML is now 0.05
The Current Status.3 pages. Switch to 1st person for this section. Describe how you feel now. How have your feelings, thoughts, reactions changed over time? How has your life changed due to the loss? What did you learn from this?
Can you "beat the market" with public information? That is, can you use publicly available information to help you buy something cheap and quickly sell it at a higher price? Why or why not?
Suppose that the natural rate of unemployment in a particular year is 5 percent and the actual rate of unemployment is 13 percent. Use Okun's law to determine the size of the GDP gap in percentage-point terms.
You are the manager of a monopoly. A typical customer's inverse demand function for your firm's product is p=250-4Q and your cost function is C(Q)=10Q. Determine the optimal two part pricing strategy. Per Unit fee Fixed FeeHow much addtional profit..
A company is considering purchasing a fleet of delivery vans which are available with either a diesel or gasoline fueled motor. The gasoline powered van has an initial price of $29,750, the diesel powered one costs $32,250. Both vehicles have a sa..
They argue that this will lead to lower prices for drugs because competitors will enter the market after the five-year period. Do you see any drawbacks to this proposal?
An individual has to choose between investment A and investment B. The individual estimates that the income an dprobability of the income from each investment are as given in the following table. Using Excel statistical tools, calculate the standar..
Assume that employers and workers agree that real wages should rise by 2% next year: 1) if inflation is expected to be 2% next year, what will happen to nominal wages next year 2) If inflation is expected to be 4% next year, rather than 2%, what will..
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