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1) What was the reason given for tariffs applied to China by the Trump administration? Did they achieve what was intended? Who were the winners and losers of these tariffs? What is your stance on the trade war with China?
2) What is the reasoning for the carbon tax proposal by Democrat senators? What effect do you expect it will have? Who could be the winners and losers of such policy? What could be some issues with implementing the carbon tax proposal? What is your stance on this proposal?
Provide a definition of Foreign Direct investment (FDI). Provide an example. Why do you think Starbucks originally chose to expand internationally through licensing its format to foreign operators? Define "offshore production." Why do you think it is..
Farm workers in Oaks Farmville face a 1/198 probability of death at work and each of them receives a yearly wage of $61,000. Farm workers in Valley Farm face a 1/54 of death at work. Assume that both kinds of job require the same level of skills, eff..
HW can get spas from several different manufacturers. Each manufacturer produces one or more different brands of spas.
When firms use cost-plus pricing in a market,
Should you ask your boss if you can use the money to buy two tickets? Why? in flying or lying in business class
What is meant by the term significance? How is significance level related to what you learned in previous chapters about problem.
Assume that the Bank of Ecoville has the following balance sheet and the Fed has a 10% reserve requirement in place: Now assume that the Fed lowers the reserve requirement to 8%. What is the maximum amount of new loans that this bank can make? Assume..
Start with the information as given in part (a), now let rw = 0.4, re-compute the values for the country's national saving, investment spending
Assume there are two countries, Home and Foreign. Home has 1000 labor hours available. It can produce two goods, apples and bananas. The unit labor requirement in apple production is 2, while in banana production is 4. Construct the world relative su..
If the Bank of Canada sells $100 million worth of bonds to the public in an open market operation, what is the change in quantity of money that will eventually result? Assume that the currency drain is 0.15 and the desired reserve ratio is 0.05, and ..
What makes a social science explanation different from methodological individualism? How would social scientists explain why American men wear short hair, while women wear their hair long? How would a methodological individualist explain this?
A chartered bank has desired reserve of $6000 and the reserve ratio is 20 percent. What are the chartered bank's demand-deposit liabilities.
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