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Question: The large trade surplus after World War II: In the years after World War II, the United States briefly ran a trade surplus that peaked at about 5% of GDP in 1947. Use the national income identity (the investment savings version) to provide a hypothesis that could explain what was going on.
Discuss the key features of welfare reforms introduced by the federal government in 1996.Why were policy makers worried that turning welfare over to the states would result in a "race to the bottom"?
Suppose that Jones and Smith have each decided to allocate $1000 per year to an entertainment budget in the form of hockey games or rock concerts
Suppose a firm's production function is: q=(K 1/2+L 1/2) 2 and that wage rate is w= $8 and the rental rate is r=$4. Find the firm's marginal rate of technical substitution.
What happens to the exchange rate of the Norwegian krone against noneuro currencies? How is Norway affected? How does the size of this effect depend on the volume of trade between Norway and the euro zone economies?
You purchased a new molding machine for $155,000 by trading in a similar machine that had a book value of $18,000. Assuming that the trade in allowance was $20,000 and that $85,000 cash was paid for the new asset, what is the cost basis of the ne..
Identifying Use a graphic organizer like the one below to identify the steps in the decision-making process.
There's quite a bit to be said about face-to-face interviewing for sure. But, there's also some drawbacks and you named two major ones: cost consideration and time spent (not to mention, manpower and location). what's one benefit of collecting da..
a balance of trade trade balance is the difference between the monetary values of exports and imports of a countrys
Examine the common price setting strategies of airlines that use game theory. Predict the potential effects of such pricing strategies on the demand for seats, and conclude the resulting impact on the profitability of the airlines.
Econometrics 718 - Problem Set 2. Only use the data from 1987 and 1988. Construct the difference in differences estimator in two different ways: Construct the 4 means (control, treatment × before, after) And Run the regression
What are the optimal tax rates that the government should impose on each good?
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