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Biggest Trouble Since WW2 for Europe
The German Chancellor Merkel stated that Europe is facing the biggest trouble since WW2. Why? What is the nature of this trouble? How did this trouble come about? In what ways will this trouble impact the US economy?
Say you are a company in the Mississippi Delta, exporting goods and services to Europe. In what ways would your company be impacted?
The opportunity price of an investment is the real rate of interest, and that's why investment demand depends on the the real interest rate.
How does the free rider problem explain why telephone companies are usually successful in getting permission to raise their rates?
Illustrate what factors will increase or decrease the level of international capital mobility between one nation and the rest of the world.
Using the theory of oligopoly and the concept of prisoners dilemma, explain why the cigarette companies did not cut on advertising on their own to increase their profits before the law went into effect?
When a recession is over, do people begin to immediately feel the effects of an efficient economy? Use the experience of the most recent recession to justify your answer.
Economists also businesses almost always compare costs and benefits in their decision making.
Suppose that the governmental authorities wished to decrease use of a pesticide that is leaching into groundwater supplies in a watershed by 60% from current use levels.
Which nation has the absolute advantage in the production of tanks. Why is it this country? Which country has the comparative advantage in the production of computers.
Elucidate what are some of the models that predict the effects that reducing protection of imports will have on factor price. Briefly explain the effects shown by these models.
Illustrate what is the efficiency factor. Elucidate these factors in terms of the production possibilities curve.
Illustrate and discuss the questions that emerged from Walras research strategy.
Assume that Congress is considering imposing the 30% tariff on imported automobiles. Who would be the gainers and who would be the losers from such move?
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