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Explain how our standard of living depends upon our level of real GDP per person, but there might not be a one-to-one relationship between the standard of living and real GDP per person. Give examples of things that can affect one, but not the other.
A nation with abundant capital resources tends to be an exporter of: A maximum limit set on the amount of a specific good that may be imported into a country over a given period of time is called a:
What do you think have been the benefits and losses to consumers in the USA? Why? How do you think the international relations between the USA and China have been affected? Why?
Discuss the five principles that govern the arbitration of grievances under collective bargaining
A century ago, new restrictions on selling alcohol left US wine merchants reeling. Now President Donald Trump's decision to raise taxes on European wine imports
Why comparative advantage is important, and whether it is usually followed by policy makers?
What would the impact of a virus that infected the midwestern corn crop on the price of wheat and the quantity of of corn. Use two graphs one for corn and one for wheat.
The Stolper-Samuelson Theorem predicts: (a) the level of productivity in export industries (b) which factors are abundant (c) the factor income distribution effects of trade (d) which goods will be exported
Present a thorough analysis of economic growth. What are the factors that contribute to economic growth? Provide your perspective as to what our society can do to enhance economic growth.
Explain four major potential advantages of foreign direct investment for a developing country? Provide specific example of a developing country to depict at least two advantages
We often speak of how price ration goods. What are other rationing measures in clinics in which free care is provided?
Proposition: The government is a one size fits all solution and at its core involves force and threats. The market is voluntary and at its core involves cooperation. Therefore the market is a more moral arrangement. Discuss. Scan the Internet for ..
On December 12 of 1980, Apple Computer sold shares in an initial public offering (IPO) for $22 per share. Since then, the stock has split 2-for-1 three times: June of 1987, June of 2000, and February of 2005. If you bought 100 shares at the IPO and s..
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