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Question: For this module week's ECONversation, respond to the following prompt. How does the role of ethics pertain to comparative advantage at the local, regional, national, or international level? How does the federal government restrict international trade, and what effect does that have on different countries?
Some argue that emerging markets offer "the biggest growth opportunity in the history of capitalism". Do you agree? Please support your argument.
You recently got a job as an usher at the nearby movie theater. Last night, you had the opportunity to work but decided to take your very first vacation day.
A consulting company estimated market demand and supply in a perfectly competitive industry and obtained the following results.
Should poverty be measured by some absolute standard of physical well-being or is it more closely related to one's economic well-being relative to the rest of society? Why? Explain.
There are two firms A and B located in different regions that produce an identical good at zero cost. Each region is inhabited by a single buyer interested in purchasing at most one unit of the good. The RP of each buyer for one unit of the good is $..
In the Austrian theory of the "pure" rate of interest in a free market, interest rates are a function of
Discuss whether agricultural trade with China is important to the United States. Be sure to use information in the course to support your answer.
Describe each method, and discuss under what circumstances it would provide internally valid measures.
Show that in the game of Prisoner's dilemma the strategy profile (Confess, Confess) is evolutionarily stable.
Conduct some independent research on Bitcoin. Identify possible predictors for the daily value (in US Dollars) of Bitcoins. Make sure that the predictors are measurable, with readily obtainable daily data. Discuss possible immeasurable predictors or ..
Our recent recession seems to demonstrate again that expenditures and incomes depend on each other. If markets do not self-adjust, how can a decline in spending lead to a negative process that ruins an economy?
A woman went to the Bene?cial Loan Company and borrowed $9000. She must pay $350 at the end of each month for the next 30 months. What is the monthly interest rate she is paying? What effective annual interest rate is she paying?
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