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1. What are the costs to the society of cocaine use?
2. What are the costs to the society of alcohol use?
3. What are the costs to the society of tobacco use?
4. Which of the above (cocaine, alcohol, tobacco) presents the biggest problem? Explain
Between qualitative and quantitative method which method is more valid and reliable? What are the basis of your decision?
Use this equation to explain the level of income at which there is a zero lower bound on the federal funds rate
If an economy experiences a decrease in consumer spending, most economists believe:
Opponents of globalization argue that offshoring leads to a loss of jobs in the country that transfers jobs to lower-wage countries.
Describe the impact of a payroll tax on wages and employment in a competitive industry. Why is part of the tax shifted to workers? What is the deadweight loss of the payroll tax?
Assume that a “leader country” has real GDP per capita of $50,000, whereas a “follower country” has real GDP per capita of $25,000. Next suppose that the growth of real GDP per capita falls to zero percent in the leader country and rises to 14 percen..
Define ways MNCs can use to minimise/reduce/manage exposure to exchange rate risk and interest rate risk. Does evidence indicate that firm size significant.
Consider the following two-firm Cournot game. Suppose market demand is given by the equation P=24-Q, where Q= qA+qB. Suppose each firm has only four options: 6,7,8, or 9 units of output. What is/are the nash equilibrium for this game? Does the domina..
Explain the difference between positive and normative economics and how this affects ethical decision making. How would this situation be described in terms of Positive economics? Which of these do you think is the correct way to describe this situat..
The following statements regard the role of spending money in the economy. Since the overall economy is not doing well during a recession, government spending typically decreases as a percentage of gross domestic product (gdp).
Taiwan’s farmers have a very good harvest of bananas this year. How does it affect the total revenue of the farmers in Taiwan? Explain your answer with a diagram. After buying the bananas from Taiwan, Beijing sells them in the mainland (domestic) mar..
Read and analyse the case study "Transworld Auto Parts" answers to the following questions:
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