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Question: Write a short essay of about 750 words each on the following topics:
What are the common defenses of protectionism? Evaluate them.
Explain Coase Theorem and show how it works with examples.
How does Mancur olson explain differences in economic performance of nations by the concept of public goods?
Need help with a few Econ multiple choice questions 16. When the interest rate rises,A) planned investment falls.B) planned investment rises.
This is all the data you have: The CPI today (at any point in time--whenever "today" may be) stands at 228.5, this should be interpreted to mean that:
1.) Give an example of something that is correlated with GDP per capita where it is a clear priori that causation runs from GDP to that measure and not in the other direction?
What is pure monopoly? When would monopoly produces less, when its regulated or when its unregulated
If Frank shouldn't have paid the bribe, what should he have done, and what might have been the consequences? What are the company interests in this problem?
Why would Argentina have to give the United States seignior age if it gave up its peso and completely dollarized its economy?
Create a table summarizing all possible strategies that the borrowers can follow. What does this exercise reveal about efficiency of sanctioning only borrowers?
Why is productivity related to the standard of living In your answer be sure to explain what productivity an standard of living mean. Make a list of things that determine labor productivity.
Discuss what happens when only one reassignment alternative is considered for every order; what computational implications does this have? Interpret the shadow price associated with these constraints.
Calculate the expected exchange rate in 1 year (the new long-run exchange rate at T+1), Ee$/£ (round to three decimal places)
What happens to the aggregate demand curve after the refund? What happens to the price level after this change? Is real wealth increased or decreased as a result of the refund?
What ethical conflicts does the president face? What rationalizations can you detect that plant employees have devised? What options and suggestions can you offer the president?
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