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Explain how governments restrict international trade and who benefits as well as who loses from the restrictions. Because wage rates are so low in Africa, why don't Microsoft, Cisco and other major corporations close down their American operations and move to Africa? Consider the foreign exchange market for Japanese Yen and Dollars. Assume a market where the U.S. dollars are on the x axis as shown in the background material. Indicate whether the dollar would APPRECIATE or DEPRECIATE if the following events occur (be sure to explain your answer such as including reference to the demand or supply curve): The interest rate in Japan is lowered. Prices are lower in U.S. Higher US interest rates. What is the effect of a higher exchange rate on exports and imports? -ONLY ANSWER THE ABOVE QUESTIONS 1-4 ON PAGES 1-3 OF THE REPORT- (a.) Suppose real GDP was $13.1 trillion in 2013 and $13.3 in 2014, what is the growth rate? (b.) How many years would it take for GDP (gross domestic product) to double (using your answer from part (a)? What are the sources of human capital? Discuss some specific examples. What is the law of diminishing returns? Give an example of what the law of diminishing returns implies. What happens when the government raises taxes and uses revenue to engage in spending?
compare economic development strategies based on import substitutions versus export promotion. your 200 word answer
What factors would cause a firm to decide to buy intermediate products needed for production of its final goods or services?
What is the relative income hypothesis? Evaluate this statement: “Once income exceeds the subsistence level, individual perceptions of the adequacy of their economic performance depend almost solely on relative as opposed to absolute position.”
How did society address the problems involved and then the Act - Other relevant regulations to ODA 1972 and new amendments
the social and detail division of labor my neighbors ted and janet consume prom dresses and accounting services. each
Analyse the short and long run impacts of an expansionary monetary policy, within an AD-AS (aggregate demand/ aggregate supply) model on each of the following economic variables.
1 the demand and supply equations in a market are given as q 30 - 2p and q 10 2p. if the government imposes a tax of
Three machines are employed in isolated area. They each produce 2,000 units of output per month, the first requiring $20,000 in raw materials, the second $25,000, and third $28,000.
The price of MP4 players has been going down in the past decade. Give an explanation for this consistent drop in the price of MP4 players. Use the model for long run competitive firm to illustrate your answer. Draw two graphs. One is to show the ..
write 200-300 words comprehensive note on functions and significance of financial intermediaries. write 200-300 words
A monopolist's inverse demand function is P = 150 - 3Q. The company produces output at two facilities; the marginal cost of producing at facility 1 is MC1(Q1) = 6Q1, and the marginal cost of producing at facility 2 is MC2(Q2) = 2Q2.
The reason a profit-maximizing natural monopolist cannot set price equal to marginal cost is that it would:
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