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What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.)? What fiscal policies and monetary policies would be appropriate at this time?
What is offshoring of white-collar service jobs, and how does it relate to international trade? Why has it recently increased? Why do you think more than half of all offshored jobs have gone to India?
One of the basic premises of a capitalistic economy is ownership of private property. This comprises the ownership of private firms, in part or in entirety.
The problem of estimating what goods and services society should produce, Determine the models used in economics
A company that produces T-shirts and sells its items in a perfectly competitive market. The manager forecasts the wholesale value of T-shirts next year to be $7.00.
Assume GM is planning purchasing a plant in Hungary. All sales will be to Hungarian customers and denominated in forints. The projected returns and investments are as follows:
Describe Chang's distinction between the `historical induction' approach versus the `deduction' approach to economic science. Which does he prefer and why?
Asssume that, from an initial equilibrium position in offer curve diagram, country I imposes a tariff on country II's export good at same time that customers in country II
International capital movements can bring major gains both to the lending or investing countries and to the borrowing countries, through intertemporal trade and through portfolio diversification for the lenders/investors
Explain why this is puzzling. How can the puzzle be resolved, if at all? What are the main alternative approaches? Discuss briefly the advantages and disadvantages of each.
Do you expect Tradia to export more with the subsidy and what is the change in consumer surplus due to the subsidy
In a day of production, companies in Angola can manufacture 200 liters of oil or 100 kilograms of tungsten. Companies in Namibia can manufacture 160 liters of oil or 60 kilograms of tungsten.
There are many significant antitrust cases in US. The most significant cases involve Company's such as Microsoft, AT&T, Standard Oil, and Major League Baseball.
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