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The balance of payments consists of the current account, the capital account, and the financial account. Explain these three different accounts of the balance of payments. Then, consider how the United States has been a trade deficit country for over 50 years. Is it economically healthy for the United States to be a long-term trade deficit country? Finally, how can the U.S. balance of payments be 0 or close to 0 (with a small statistical discrepancy) when the United States is a trade deficit country? Explain in detail.
Which of the following would cause a movement along the supply curve Ithat it is a change in the quantity supplied) for peanut butter? Check all that apply. Which of the following would cause a shift of the supply curve for peanut butter? Check all t..
Suppose that a tax of $5 for each unit produces is imposed by state government. What is the profit maximizing level of output?
We had to Name a figure in the business environment whom we would identify as a successful leader and find out What traits does the leader possess
When organizations develop risk management plans, they need to consider the value of the assets being protected and the controls that are needed to mitigate the risks in a cost-effective manner.
Alex and Becky are partners at an architecture firm. They are trying to determine which of them has a comparative advantage in building the 50 models required for a sales pitch to a prospective client. Alex can build 10 models per hour. For other act..
1. What are the production costs? 2. How can firms measure their productivity using isocosts and isoquants?
The assignment is to create your own firm, explain, chart and graph all of the necessary information in the production function. This can be anything that you like. What is the name of the firm? What do you produce? Where is your market? You must..
A piece of equipment that was purchased for $25,000 five years ago has a current book value of $6,000. This equipment can currently be sold for $ 5,000. The salvage value at the end of the study period of 5 years is expected to be $5,000. If the befo..
The CEO of a business bases its pricing decisions solely on the fact that inflation last year was 2%. Is this an example of rational expectations?
Between 170 to 200 words, explain with an example why controlling confounding variables can be complex.
Consider a market where supply and demand are given by QXS = -16 + PX and QXd = 83 - 2PX. Suppose the government imposes a price floor of $36, and agrees to purchase any and all units consumers do not buy at the floor price of $36 per unit
Can you give arguments why firms which choose to emphasise stakeholder interests in its policy and use a variety of objectives such as major stakeholders
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