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1. Suppose a lawyer can type faster than any secretary. Should the lawyer do her own typing? Can you demon- strate the validity of your answer?
2. What would be the effects of a law requiring bilateral trade balances?
3. If a nation exported much of its output but imported little, would it be better or worse off? How about the reverse- that is, exporting little but importing a lot?
4. How does international trade restrain the price behavior of domestic firms?
5. Suppose we refused to sell goods to any country that re- duced or halted its exports to us. Who would benefit and who would lose from such retaliation?
6. Domestic producers often base their demands for import protection on the fact that workers in country X are paid substandard wages. Is this a valid argument for protection?
miller manufacturing has a target debt ratio of 70 that means weight of debt is 70. its cost of equity is 18 and its
Take a current environmental issue such as the Hurricane Katrina in New Orleans and examine it from the scientific, economics, and political perspective.
You are given the following two IS curves that show how real GDP (Yt) in the current time period t depends on the current interest rate and interest rates in previous periods, where rt is the interst rte in time period t. Furthermore each time per..
Federal funds in the federal funds market are
In the book ''The Travels of the T-shirt in the Global Economy'' Is China's domination of the textile industry best described as a victory or a failure? Give three reasons for the United States domination of the global cotton industry.
show on a supply-and-demand diagram and explain in words what will happen to the canadian exchange rate compared to the
you have been part of the orthopedic center for 5 years. in that time you have seen the center grow and the need for
How do costs play into your everyday life? For example, why might it be cheaper to drive on a toll-road vs. a free-access interstate Also, can you identify situations where you may fall victim to the sunk cost fallacy (we all do)
suppose that population growth expands the quality frontier of a newhouse utility-maximizing nonprofit hospital.
Management has decided to acquire a new asset that costs $200.000. The estimated economic life of the asset is five years. but the firm wants the use of the asset only for three years If the firm purchases the asset.
Draw the cheese market for the United States showing the world price as the price for this market. How much cheese does the U.S. import at the world price
How do education and heathcare impact the economy externally? Make sure that you show the relationships between education, healthcare, and the economy.
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