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Croatia is an EU member nation; it does not yet qualify to join the euro zone, but aspires to eventually do so. What factors determine whether it would in fact benefit Croatia to adopt the euro? Are the interests of existing euro zone members aligned with those of Croatia? (No specific information about Croatia needed to answer.)
The price elasticity of the demand for gasoline is - 0.02. The price elasticity of demand for gasoling at Joe's 66 station is -1.2. Explain what might account for the different elasticities.
As an economy develops and becomes more integrated into the world economy how do its costs of production change and how well can they be managed both in the short-run and long-run?
Suppose the federal government coughs up the $3 billion needed to build a replacement for the Brent Spence bridge crossing the Ohio River between Cincinnati and Covington. Discuss why the impact of that project on the local economy would ultimately b..
What are your opportunity costs of water and dates? What are Mohammed’s opportunity costs of water and dates?Who has an absolute advantage in dates and water production and who has a comparative advantage in dates and water production? How many dates..
What is fiscal policy? What kind of fiscal policy is needed to reduce unemployment problem? What is monetary policy? What kind of monetary policy is needed to fight inflation problem?
Find a video, an image, or a slide deck (no articles) that describes the differences between a data warehouse data model and a data mart data model. Share this with your classmates.
Milton Friedman said the free markets are a necessary but not sufficient conidtion for political freedom. Which of the following events would support Milton's hypothesis?
Suppose stock markets in the U.S. have a very successful month, and the indices increase by 10%. As a result, we can expect aggregate ______ to ______.
The production possibilities frontier shows the ________ combinations of two products that may be produced in a particular time period with available resources.
The Fireyear and Goodstone Rubber Companies are two firms located in the rubber capital of the world. These factories produce finished rubber and sell that rubber into a highly competitive world market at the fixed price of £60 per ton. The local gov..
Which of the following is not a characteristic of a monopolistically competitive market structure? There are low barriers to entry of new firms. All sellers sell products that are differentiated. There is a large number of independently acting small ..
If, at the current price, there is a surplus of a good, then
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