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Many people say yes that government's role in free market economy should be limited, the degree of appropriate government involvement is contested. Under what situations should the government bailout a failing business? Explain and cite a specific example to illustrate your reasoning.
Some people might argue that the reason the government has to manage cost and benefit externalities is that people are basically selfish. Explain the reasoning of that statement. Do you agree or disagree? Explain why.
Calculate and Plot using a spreadsheet (like Ms Excel) the series for Nominal GDP
In May 1996, two Clemson University economists came out with a report that discussed that through removing legal restraints on competition between electricity manufactures,
As an international economist you have been tasked to make a short speech which answers the given questions:
Assume a soft drink company is grappling with decision about whether or not to introduce to the market a new carbonated beverage with 25% real fruit juice.
Write a very brief introduction indicating why you chose this particular firm. Give a brief summary of the firm's history and type of business and industry it is in. Examine the firm's operations and forecast for the next 3 to 5
The Internet has allowed for raised trade in services such as technical support, a development that has lowered the prices of such services related to manufactured goods.
Suppose that the corn production needs only land and can production requires only labor. The US can produce either seventy kilograms of corn or 100 cans in an hour.
Suppose that the United States can manufacture Toyotas at the cost of $18,000 per car and Chevrolets at $16,000 per car. In Japan, Toyotas can be manufactured at 1,000,000 yen and Chevrolets at 500,000 yen.
A recent merger of note is that of Hewlett Packard and Compaq Computers. When the merger was announced, it was widely criticized as not making economic sense.
Discuss why would a nation impose a trade embargo on another nation and what are a trade embargo's typical effects?
The following table explaines the production possibilities of 2-cities in the nation of Boston, determine the price of white socks in terms of red socks in Boston?
Discuss how do government bureaus differ from private firms and explain why is there good reason to believe that bureaucrats will seek to supply more than efficient level of their output in any year?
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