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If Kenya is better at producing tea and wool than Lesotho, then Kenya is better off not trading with Lesotho.
On which theory is the above statement is based?
In looking at GDP we see that not all aspects are counted. Do you find that the items like buying a home or a used car should be counted in GDP?
Suppose that there is a fixed number of workers. Each worker is at a certain instance either employed or unemployed. What is the rate of job separation (s) ? What is the equilibrium unemployment rate (u) ?
A state program is subsidizing first costs for alternative energy usage. Carla and Charlie are the owners of a small architectural and engineering firm
Bank of America is involved in the banking of over 80 countries and helps countries to finance the government as well as businesses. Bank of America has the largest market share in the banking industry. Is it a monopoly that controls the entire banki..
There is a small but growing movement against immunizations in the US and in the world. Advocates claim that there is a positive relationship between immunization rate and autism, and they prefer their children to get a flu that would “increase their..
Of the 100 patients with colon cancer, 15 smoke cigars while 40 of the 300 patients without colon cancer smoke cigars.
Suppose that the carnival and the circus have both come to town, and are both o?ering free admission. You have 6 free hours to kill. Draw the BUDGET LINE that shows your options for how you can spend the day.
Apply the IS/LM fr. amework to explain the following question. In the early 1980's to combat the recessionary forces, President Ron Reagan used expansionary fiscal policy by lowering (marginal) tax rates to combat the recession. Concurrently, Paul Vo..
Explain how tariffs and quotas protect American jobs.
What is the difference between a greenfield investment and an acquisition? Which form of investment is a firm more likely to choose?
Explain the concept of globalization clearly bringing out its influence on choice of strategy in companies.
The current exchange rate is $2/£. The annual interest rate on 60-day US- dollar denominated bonds is 5% and the annual interest rate on 60-day pound denominated bonds is 11%. Investors currently expect the exchange rate to be $1.98/£ in 60 days. Doe..
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