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ASSESSMENT
Question 1
What are the arguments for and against globalization? To what extent has globalization contributed to world economic growth?
Question 2
As of March 2013, the U.S. deficit balance was $16 trillion. Why do think the U.S. government should be concerned? Should the government be equally concerned, if it were a surplus?
Explain whether the following government activities is motivated by a concern about equality or a concern about efficiency. In the case of efficiency, discuss the type of market failure involved- providing some poor people with vouchers that can be u..
Elucidate if you expect the inflation rate to accelerate if the actual unemployment rate declined to a level lower than the "full employment" unemployment rate.
Elucidate why this information does not allow you to establish limits on the terms of trade between these two countries.
From what you know about these firms' cost structures, what is the highest possible price per unit that could exist as the market price in long-run equilibrium? If that price ends up being the market price and if the normal rate of profit is 10 pe..
Using Geert Hofstede dimension of culture. Describe a significant different between cultures that you have witnessed?
Suppose the demand for a product is given by P = 40 - 4Q. Also, the supply is given by P = 10 + Q. A) What is the equilibrium price and quantity of the product B) What is the price elasticity of demand at the equilibrium price For the next 3 quest..
suppose the following are national accounting data for a given year for malaysia hypothetical
The table listed below demonstrate the quantities of product X that a producer can produce in one growing season on a 1 acre farm using different amounts of labor.
Describe macroeconomic issues such as the Business Cycle. Economic Growth or the GDP Inflation. The article must be recent, in other words, dated within the beginning of the semester.
Changes in the reserve ratio, open market operations, and changes in the discount rate are all tools used by the Fed to
A special-purpose machine tool set would cost $30,000. The entire capital expenditure ($30,000) is to be borrowed with the stipulation that it be repaid by two equal end of year payments at 15% compounded annually. The tool is expected to provide ..
If the demand of corm increases do to it use as an altenative engery source, what will happen to supply of corn substitute such as soybean? what will happen to the price of corn oil?
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