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The United States has experienced a large trade deficit in recent years. Analyze the implications of a growing trade deficit on the future growth of the United States.
take a country named konowland that has an electoral college system. suppose there are nine small states in konowland
Consider the following simple model with investment and government spending exogenous:
Ms. Smith, the owner and manager of the Clear Duplicating Service located near a major university, is contemplating keeping her shop open after 4 p.m. and until midnight. In order to do so, she would have to hire additional workers. If the price of e..
Consider this statement. “It is estimated that leaky pipes and dripping faucets are the source of hundreds of thousands of dollars of lost water each year. Business firms could reduce waste by inspecting more pipes thoroughly and repairing water leak..
Bear Stearns, Lehman Brothers, Merrill Lynch, and AIG were all firms that teetered on the brink of bankruptcy. What was the fate of each? In what ways were their problems similar? How did they differ?
The advantages or disadvantages of buying imports versus buying domestic products in relation to the fashion industry.
Trade restrictions usually benefit domestic producers because they increase the domestic price of the good. Trade restrictions usually benefit domestic consumers because they increase the variety of goods available. The benefits of trade restrictions..
Why do some companies spend a lot of money for advertising? What does it say about a the market structure the company is in when they advertise a lot or a little?
Suppose the price of airfare from SFO to JFK increases from $330 to $360 while no other variables change. In consequence, the quantity of tickets sold decreases from 180 to 140. Calculate the absolute value of the price elasticity of demand. (Hint: u..
A firm has developed a new product for which it has a registered trademark.
Suppose that in England 5 man-hours are required to produce each cask of wine and 5 man-hours are required to produce each bolt of cloth, whereas in Portugal 1 man-hour is required for a cask of wine and 4 man hours for a bolt of cloth. What are the ..
The diagram above shows the equilibrium exchange rate marked E. You can also see that the demand curve has moved to the right. Explain what is happening here and explain what will happen under (i) a floating exchange rate and (ii) a fixed exchange ra..
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