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Which of the following statements about U.S. international trade is correct? a) Services account for about 25 percent of our exports to the rest of the world. b) About 50 percent of our imports and exports are goods and 50 percent are services. c) More services are exported and imported than goods. d) Goods can be traded but services cannot be traded.
Explain which option is ultimately the most expensive and why you think it is. Explain which option is ultimately the least expensive and why you think it is.
Consider a perfectly competitive firm's marginal revenue product of labor curve shown in the diagram. Using the line drawing tool, draw a new line that shows the effect of a decrease in the demand for the product produced by this fm. Label this li..
How do automatic stabilizers affect budget deficits and surpluses? How would automatic stabilizers be affected by an annually balanced budget rule? Why do automatic stabilizers minimize the lag problems with fiscal policy?
In a pure monopoly, the monopolistic firm is the only one selling the product, therefore there are no constraints on what the firm can charge or on the profit it can make. Do you agree? Why? Discuss various barriers to entry into an industry, explain..
In Week 3, you were exposed to early criminological theory and biological and psychological theory. The scenario included a male who has had a difficult time over the past year. It is time to consider potential origins of the male’s criminal behavior..
Does a persistent balance of payment deficits result in a pressure to devaluate the currency.
In 1980, per capita GDP of Rwanda was about $728 and in 2010 about $1,025. Calculate the average per capita GDP growth rate of Rwanda from 1980 to 2010.
There were 110,752 discharges in 2005, for patients over the age of 25 who were diagnosed with Diabetes. With an average length of stay being 4 days and an in-hospital death count of 1,016. In 2006 the total number of discharges increased to 118,837 ..
Pepsi uses advertising to create the impression that Pepsi is superior to any other soft drink. Pepsi is attempting to:
make a recommendation to your neighbor based on convincing economic analysis.
You buy a 3-year, 10% coupon bond with face value $1000 today. The market interest rate currently is 10% also. What is the market price of the bond today?
Jane just finished a Pepsi and is wondering what to do with the can. She takes a moment and thinks about the actions available to her, and decides that she can either recycle the can or throw it on the ground. the rightness or wrongness of an action ..
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