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How did the Green Revolution indirectly affect the world's poor, and why are indirect effects likely to be weaker in the future?
Three arguments used to promote trade barriers are the national security argument, the infant-industry argument, and the dumping argument. Explain each of these arguments and evaluate whether each one has any flaws
Describe one argument in favor of reducing the deficit or balancing the budget.
The impact of labor migration on patterns of international trade depends on the characteristics of the labor migrants. In which cases might migration expand trade? World income? In which cases might it reduce trade and world income?
A firm in a perfectly competitive market will produce no output in the short run if the price is below $20 but will produce if the price is above $20. The smallest quantity they will produce in the short run is 6. Firms will earn 0 economic profits i..
What is the range for the relative price of cloth such that the economy produces both cloth and food? Which good is produced if the relative price is outside of this range? Write down the unit cost of producing one yard of cloth and one calorie of fo..
Suppose a firm's demand curve is given by P = 50 - 0.25Q. What is the price elasticity (value of) of demand for the demand curve when the price is $10. Is that demand elastic or inelastic and why?
Once the plant is up and running, what is the annual percentage return on investment?
Which section under Dispute Resolution in a CAR Buyer Representation Agreement states that a buyer and broker agree to mediate any dispute
Define the following concepts and describe their relationship to one another:
Dewey Cheatham is the new Vice President of Marketing for a large online search engine company, Pottstown Innovative Enterprises (AKA, PIE). Dewey has been doing some research into how he can increase the Company’s revenues and thereby really impress..
Many people believe that Congress will eventually have to reduce Social Security benefits in order to reduce the budget deficit. Although most of the changes would not take place until later, assume for the purpose of this problem that Social Securit..
A singly-linked list can be used to store large integers one digit at a time. For example, the integer 1234 could be stored in a list by storing 1 in the first.
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