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Explain the various barriers to free trade and the motives for their use.
Explain why high import tariffs on imported goods do not help lower domestic unemployment in the long run. There are two separate answers and they are both in the book. Reason one: Reason two:
If it can earn 9.5% interest, how long would any given sum of money take to treble its value?
firm discriminates against females with a discrimination coefficient of 1.7. How many male workers will be hired?
What effects would each of the following have on aggregate demand or aggregate supply, other things equal? In each case use a diagram to show the expected effects on the equilibrium price level and the level of real output, assuming that the price le..
Compare these findings to the same data for China and India. Write a paragraph to summarize your findings.
The inflation rate from 2010 to 2011 for a good j is defined to be Ij = (Pj/pj) ? 1, where pj was the price in 2010 and Pj was the price in 2011 (assuming for simplicity that the prices stayed fixed throughout each given year.
Describe the least cost combination of L and K when output is produced at the rate of 1,000 tons per day. Determine the required outlay for 1,000 tons per day.
Assume that the economy is at the point where the short-run Phillips curve intersects the long-run Phillips curve, and that the Fed decides to lower unemployment. Graphically trace out the short-run and long-run effects of this policy decision. Expla..
In distributing its line of high fashion clothing and accessories, Ralph Lauren considered the following channels. ALTERNATIVES a) Entering into distribution agreement with independent third parties (Macys*, Bloomingdales, Saks…), thereby, generating..
Discuss. “The internationalization of banking has weakened national safeguards against banking collapse, but at the same time it has made the need for effective safeguards more urgent.”
Suppose that government wishes to affect the level of aggregate demand in the economy. All of the following, except one, are consistent policy measures. Which is the exception?
Bank of Japan launches negative interest rates Feb 16, 2016 Central bank encouraging banks to lend, businesses to invest and savers to spend. What are the Central bank’s objectives of launching negative interest rates? Explain carefully using diagram..
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