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what do think led to the end of the Great depression that had had caused a serious shock to the US market?
how does international trade affect a country's standard of living?
Sometimes one's choices may involve catastrophic decisions and bear great risk and yet there can be no clear answer. For example, if a person gets a divorce, shutters a plant, sells a losing investment, or closes their business, will he or she be ..
Provide your answer in three short paragraphs explaining how a country can place barriers against international trade.
Many economists are worried that a high level of budget deficits may lead to inflationary monetary policies in the future. Could these budget deficits have an effect on the current rate of inflation?
Find all pure-strategy Nash equilibria in the game below. List each Nash equilibrium in (Player 1’s Strategy, Player 2’s Strategy) form.
Assuming that over the last three years the equilibrium quantity of wheat has risen while over the same period the equilibrium price has not changed, which of the following is the most likely explanation of these facts?
Macro-economics is perhaps most divisive area of economics. Macro economists divide themselves into different schools of thought. Two of the biggest camps are the Keynesians and the Monetarists.
What is the labor-intensive good - What is the Marginal Rate of Transformation impact and what is the labor-abundant country?
What do economists mean when they say that the price system (free markets) promotes economic efficiency When are free market arrangements "inefficient" from an economic point of view Why is income inequality "efficient" from an economic point of v..
Is China a capitalistic economy or a socialistic one? Explain characteristics of each economic system and present arguments for your selection. Note what characteristics you see in the Chinese economy and how they support or challenge future econo..
Microsoft Corp want to expand and has to make some long-term capital budgeting decisions. Now the industry is confronted with government regulations to oversee the merger. Analyze how the different forces will come together to create a convergence..
Supply demand analysis to elucidate how the prices of untaxed consumption items can be affected by the retail sales tax even though they are not subject to taxation.
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