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Question: The graph below the production possibilities frontier, indifference curves, and pre-trade and post-trade ratio of prices for two countries: Home and Foreign. Product B is capital intensive while Product A is labor intensive. In the Heckscher-Ohlin model of international trade, what does the trading pattern tell you about these countries' factor endowments?
List the errors in the following graph. Carefully explain why the curves drawn this way are wrong. In other words, why can't these curves be as they are shown in the graph?
Danny "Dimes" Donahue is a neighborhood's 9-year-old entrepreneur. His most recent venture is selling homemade brownies that he bakes himself.
A doctrinal controversy occurred during the fifth century between Augustine bishop of Hippo and Pelagius, a British monk. What were the core issues.
What is meant by a trend-stationary process (TSP) and a difference- stationary process (DSP) and What is a random walk (model)?
Would the government encourage a decision to expand and how would it affect the reputation of the business?
The value of marginal product of labor in the steel industry (a "small" industry in the aggregate labor market) is VMP(L) = 1 00,000 - L dollars per year.
How can you compare your courses? When you consider those that you have taken, it should be clear that some were better than others and that the good ones were.
i) Technological advances have led to decreasing costs of extracting oil and gas, and nuclear reactor that produce higher levels or electricity output. How would the increasing availability of energy sources affect energy prices and how would firms b..
Explain how "Dead Capital" is related to the informal economy? Define these terms and explain what they mean in the context of DeSoto's ‘dead capital'.
How does the official unemployment rate change when these categories are added? What alternative measures of unemployment has the BLS created to address.
Which of the following is NOT an explanation for the revival in the growth of productivity starting in the mid 1990s? A)Cell phones and wireless Internet access increase worker flexibility. B)Internet use has increased the efficiency of how firms b..
When the price floor is set below the equilibrium price, how could you find the quantity demanded? is it different when the price floor is binding?
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