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Q. In regards to international trade United States must place high Tariffs and use quotas to restrict trade with foreign countries. Following issues will be addresses: strength of dollar on domestic and global economies, profits from tariffs or quotas and losses from tariffs or quotas.
Illustrate what are the implications of savings and population growth at steady a state in the Solow's neoclassical growth model.
Identify at least three such factors that, in your view, should be included in the GDP calculations; then elucidate and illustrate how could they will help to improve the GDP as a tool for measuring the well-being of a nation.
Compute the new equilibrium wage and the new number of jobs. Will the number of jobs increase or decrease.
Using appropriate diagrams and notations,carefully explain the relationship b/n elasticity, total revenue and marginal revenue. 2,discuss the uses of elasticity of demand.
Explain why only two of the three objectives can be achieved at any point in time also they want to fix the nominal exchange rate, in order to stabilize the price level.
What desire to purchase does not vary with time. Ignore the time value of money and compute the optimal pricing scheme of the iPhone.
Elucidate using the example of multiple equilibria in the labour market. Illustrate diagrammatically
Ralph Sampson, the company's CEO, want to cut back on production of the fishing anchor so that the company can make more yacht anchors.
Illustrate which combination of fiscal policy actions would be most contractionary for an economy experiencing severe demand-pull inflation.
Explain the unemployment rate in Tappania is higher now than is has been in 50 years. Can both of those statements be true at the same time.
If David's only illness this year results in an appendectomy, explain how many days will he choose to stay in the hospital.
illustrate what type of unemployment will then occur. What is the natural rate of unemployment.
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