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Provide a general overview of U. S. international trade regarding our trade deficit, trade surplus, primary export goods, status with Canada and China, and the U. S. status in the world.
List three benefits to trade and three problems with trade for the U. S.
Which firm would you expect to make the lowest profits, other things equal?
Explain and show graphically the effect on the supply and demand for Bonds in a deflationary period. What is the effect on interest rates and the quantity of bonds.
How much money would be accumulated in 10 years for a deposit of $10,000 made at the end-of-year zero if the account earned interest at 6% per year for the first three years, 9% per year for the next four years, and 7% per year for the last three yea..
What happens to the money supply, interest rates, and the economy if the Federal reserve is a net seller of government bonds?
If the Federal Reserve wanted to use its monetary policy tools to decrease the money supply, it could:
What unique competitive advantage does the xerox corporation exhibit? and do you consider this to be sustainable competitive advantage?
How large is economy of India? Indian GDP in 2010 was 78.9 trillion rupees,while U.S GDP was $14.5 trillion. The exchange rate in 2010 was 45.7 rupees per dollar. What is the ratio of Indian GDP to U.S. GDP if we do not take into account the differe..
If the total cost of 20 units of a product is $20, and the total cost of 21 units is $21, then from 20 to 21 units of product the: Marginal cost equals average total cost. Marginal cost equals average variable cost
The law of comparative advantage recommends that countries specialize in those products in which they have a comparative advantage, not an absolute advantage.
A diminishing marginal rate of substitution implies that indifference curves are
Tracy has utility given by U(F,H) = FH^2. Last week Tracy had an income of 6 and the price of food was 1, the price of housing was 1. This week Tracy has income of 12, the price of food is 1/2 and the price of housing is 4. Find Tracy's optimal it co..
In the following example each person is an island. We have James and Kate who engage in international trade with each other. James is lactose intolerant and only produces cheese. Kate is caffeine intolerant and only produces coffee. Who has a negativ..
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