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"Institutions" Please respond to the following:
• Based on the lecture and Webtext materials, address the following:
o Every country in the world is constructed around the same set of institutional frameworks that differ only in how governments manage them. Identify the specific components of an institution. Next, use two examples of institutions -such as a financial system, a judicial system, or the armed forces - to illustrate what developing countries overall have done to weaken or strengthen such institutions.
Global Campaign for a new detergent developed by Clean Detergents. Identify the geographic market targeted by the campaign.
If the relative wage w/w* for US decreases to 5 due to productivity changes, which country would now be exporter of books, and why?
Review the U.S. Trade Representatives. Select a country or trading bloc with which the United States has a current or pending free trade agreement.
Draw a supply/demand diagram of the market for "loanable funds" in the U.S. Use the "interest rate" as the "price" of loanable funds on your diagram. Show the effects of a rise in the expected inflation rate on your diagram.
What percentage is owned by the Social Security Trust? How much is owned by China? So, when you read an email or hear someone say, "China owns the majority of our debt," how will you answer?
Does the fact that there are no "runs on banks" mean that all banks in the U.S. are fiscially sound How do banks "create" money, how does the Federal Reserve Bank control this process and how well is this process operating in today's economy
Discuss why would a nation impose a trade embargo on another nation and what are a trade embargo's typical effects?
Determine what factors led to the mortgage default crisis and how did mortgage defaults affect banks involved in mortgage lending and mortgage investing Securitization
If we do engage in foreign trade, should we bound foreign trade to country's that engage in fair trade throgh giving us access to domestic markets and reciprocal import tariff decrease that mirror our tarriff reductions on our imports from them?
the solow growth model adequately explains economic growth. discuss whether you agree or disagree with this statement
illustrate the U.S. wholesale market for roses. Show on the graph the equilibrium in that market with no international trand and the equilibrium with free trade. Mark on the graph the quantity of roses produced in the United States
The U.S. economy is in a recession and the IS-LM suggests we are in a liquidity trap. a) Illustrate the situation using the AD-AS and IS-LM diagrams. b) Explain what a liquidity trap.
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