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Q. President of United States argues that government should impose a tariff on ball bearings because y are necessary to make various weapons and free trade would make United States overly dependent on foreign countries for supply of ball bearings. In case of a war, United States might not be able to make enough of m and therefore would not be able to make enough weapons to defend itself.
Which of following arguments is president using to justify trade restriction on ball bearings?
Why is it important to adjust for inflation when comparing nominal quantities at different points in time. What is basic method for adjusting for inflation.
Some people are saying which majority of the budget deficit are funds which some branches of the government owe to other branches.
Show long run effect on In Phillips curve diagram. If expectations are rational and increase in money growth is announced, what happens to In short run.
Sketch a diagram that illustrates what happened to the Bridgewaters' budget constraint. Could they have been made worse off by the change.
Suppose vehicle is introduced into a central business district (CBD), doubling speed of travel for information exchange. Who financially benefits from innovation.
What would the government likely challenge a merger where a firm with 20% share is attempting to acquire a firm with a 5% share.
Calculate the trade balance among the U.S. also China for the period. Analysis by using appropriate examples.
Movie attendance dropped 8 percent as ticket prices rose a little more than 5 percent. Illustrate what is the price elasticity of demand for movie tickets. Could price elasticity be somewhat overestimated from these figures.
Define absolute and comparative advantage in your own words. Elucidate how absolute and comparative advantage were used in your simulation.
What are the factors that will allow them to increase their added value in this type of competitive environment.
Listing different orderings and coalitions is not going to work for this problem because there are too many possibilities, excluding you can use different tools which we have discussed in class.
Would you expect firms in a tight oligopoly market reap higher profits than firms in a loose oligopoly market.
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