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Please answer the 1 questions in a very detailed manner .
Questions:
If politicians decide to proceed with protection, why might economists prefer tariffs to quotas? Explain at least three reasons.
What should the government limit the number of auto and parts makers, the competition for would be limited. Please explain more on this subject.
Explain the four major problems within the Mercantilist doctrine
What is the current account for the economy below? If there is no statistical discrepancy what is the capital account?
Consider a consumer who allocates her income m to the consumption of goods 1 and 2. Denote by pi the price of good i = 1, 2. The consumer’s preferences are such that there exists a bundle x = (x1, x2) such that for any bundle y = (y1, y2), y ƒ= x, we..
You are a manager for monopolistically competitive firm. From experience, the profits maximizing level of output of your firm is 100 units. However, it is expected that prices of other close substitutes will fall in the near future. how should you ad..
How does our current economic growth rate compare to some of the other major countries around the world? Explain the relationship between unemployment and gross national product (GNP).
Describe four different forms of business structure and how they differ from each other. Discuss some of the strengths and weaknesses (advantages and disadvantages) of each form of ownership or business structure. What factors should an entrepreneur ..
The consumption function (C), investment function (I), government expenditure function (G), and tax function (T) for a three - sector economy is shown below:
Include no more than six abbreviated bulleted items for each slide in approximately 24-point font. The title slide content should include the title of the assignment, your name, your professor's name, the course title, and the date.
1. Assess Patricia's rights regarding her discovery. Does she have the legal right to keep the money?
How do you show hidden files, folders, and drives in Windows 7? Explain how an insert a print screen image of the Folder Options dialog box in Windows 7.
Consider a CES production function, F ( K , L ) = A ( K a + L a ) a1, with a ? (0, 1). What is the corresponding production function
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