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How have changes to US trade and tariff policies affected US trade with other nations? Consider recent (less than 2 years old) credible news sources to support your response.
Most countries use a combination of markets and government intervention to solve the economic problem of how much to produce and consume.
Download and Read "Questions about Fiscal Policy: Implications from the Financial Crisis of 2008-2009." By N. Gregory Mankiw. After reading the article, answer the following questions: During the crisis of 2008-2009, the Obama's administration's stim..
Suppose that you have won a wrongful injury lawsuit and have been awarded $5 million dollars. However, the $5 million is going to come in two payments. The first payment is $3 million and will be paid in exactly one year. The remaining $2 million is ..
Using the T-accounts of the First National Bank and the Second National Bank, describe what happens when George Clinton writes a $50 check on his account at First National to pay his friend Bernie Worrell, who in turn deposits the check into his acco..
An island economy produces only two goods, coconuts and pineapples. 'Adam' has a stronger preference for pineapples but likes coconut too. 'Bella' hates pineapples but loves coconuts. 'Carla' hates pineapple and hates coconuts.
If the real wage can adjust to equilibrate labor supply and labor demmand, what is the real wage. In this equilibrium, illustrate what are employment, output, and the total amount earned by workers.
A complete overhaul at the end of year 4 cost additional $11,000. Annual revenue from using the chipper was $38,000 per year.
Consider a monopoly with the following cost curve: c(q) = 60 + 10q and the following demand function: p(q) = 45 - q - (q^2)/3.
what amount of additional government spending (without changing taxes) would be needed to reach the desired increase of GDP? what change in total amount of direct taxes (without changing government spending) would be necessary to reach the same incre..
And obviously, consumers of different levels of wealth and well-being populate different parts of the country.
Calculate the annualized value of a building that would cost $1 million to replace and has a life of 25 years. Use interest rates of 5%, 10%, and 15%. Show your calculations not just the final answers. Assume that a piece of equipment has a replaceme..
Explain the organization of the Federal Reserve System. Explain reserve requirements. Explain the three types of unemployment. What is the difference between the nominal interest rate and the real interest rate? What are the four functions of money?
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