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A manufacture is planning outsourcing their product to China, where the costs to produce the product are considerably cheaper [even when factoring in transportation costs]. You have been brought in as a consultant to discuss economic considerations of such a move. How do you direct your clients thinking?
Explain how would you respond to this question. Explain how might the bank tie in the concept of utility maximization into the campaign.
Draw a set of indifference curves for Jones, and second set for Smith, with alcoholic drinks on vertical axis and non-alcoholic on the horizontal axis.
What kind of shocks could have caused this change to the money demand function? Determine the new interest rate and equilibrium level of output.
An engineer considering for retirement decides that she wants to have income of $100,000 per year for 20 years with the first withdrawal starting 30 year from now.
You are a budget analyst in a California State legislative budget committee and have been asked to prepare a policy brief on the budget issue for the state.
Assume that there're 10 million workers in Canada and South Korea and each worker in Canada and South Korea can manufacture four cars per year.
Mention and explain the two types of inflation. Which sort of inflation would most likely be associated with the negative GDP?
for the nation as a whole the expansion of production of one product must involve a decrease in the availability of the other.
Explain how is the United States doing in the most recent quarter compared to Japan, the Euro Area and Canada in terms of production and employment.
the aggregate supply also demand or how this relates. If you could help with this section I could probably write a decent paper.
Comprising an evaluation of the impact of past and current fiscal policies, monetary policies, budget deficits or surpluses on the economy and on the airline industry industry.
Obtain the market clearing price and quantity. Under the assumption of profit and maximization , how much output should the representative firm produce?
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