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If we do engage in foreign trade, should we limit foreign trade to nations that engage in "fair trade" by giving us access to their domestic markets and reciprocal import tariff reductions that mirror our tariff reductions on our imports from them?
Elucidate economic school of thought does Obama base his economic prescriptions? Detractors accuse him of some leaning towards socialism. However, Obamanomics is simply "Keynesian Economics".
Suppose that in 2012, the following prevails in the Republic of Askil; Suppose that households consume 75% of their income and save 25% of their income.
What output level does the paint company choose? 2. What is the socially optimal level of output? 3. Describe a possible Coasian solution to the externality problem. 4. What corrective tax could the government set to achieve the socially optimal leve..
This seems to have reversed itself somewhat in recent years. Illustrate what factors might have been at work.
Now, suppose that initially z=2 and the economy is in the steady state you calculated in part a. . Then suppose that z falls to 1.8 permanently. What is the new steady state? Determine capital per worker znd output per worker in each of the first ..
You are a division manager at Toyota. If your marketing department estimates that the semiannual demand for the Highlander is Q = 150,000 - 1.5P, what price should you charge in order to maximize revenues from sales of the Highlander?
If the income elasticity of a particular good is negative 0.2, it would be considered 1) a superior good 2) a normal good 3) an inferior good 4) an elastic good
Where does e-garbage go? i.e. Unwanted and outdated computers, monitors, DVD, cell phones. etc.. What is the effective approach to control it? Pls explain in two paragraph.
Using the static classical AD/YP model, demonstrate the effect of each of the following changes.
Suppose the elasticity of U.S. exports with respect to the real exchange rate is very low
Consider the following infinitely repeated model between two firms. Each period, the firms earn profits of 10 if they successfully collude. If a firm deviates from the aggreement, it earns 15 in the period in which it cheats. In each period that t..
Illustrate what technology is used to catch them. What's wrong with America's economy, and is America's economic problem short term or long term.
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