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In some developing countries, you can see modern airports, huge government buildings, and new highway system around the capital city. However, those countries' real GDP are still low. Would you provide the possible reason to explain why the expansionary fiscal policy doesn't work in those countries?
The world economy retrenched in wake of a global financial crisis. Did globalization of capital markets contribute to this crisis? If so, what can be done to stop global financial contagion in future?
Use the data on U.S. real GDP below to compute real GDP per person for each year. Then use these numbers to compute the percentage increase in real GDP per person from 1987 to 2005. Year REAL GDP (2000 prices) population.
I am an advisor to United State Federal Trade Administration in charge of doing background research that will be used for trade negotiations by policy makers. Discuss advantages and disadvantages of expanding NAFTA.
Assume a scenario where you are an entrepreneur considering to expand your production of kitchen gadgets. You require to pay back a loan of $5,000,000 over 5-years.
Discuss the advantages and disadvantages of free international trade and imagine that you are Minister of Finance in a country which is in the middle of a recession. Discuss the economic policies that you can implement to impro..
Suppose two open economies A and B. In this economy only one good is manufactured for time t = 0 and price P(0,A)=1 Dollar and P(0,B) = 1,5 Euro.
Calculate the price elasticities of demand in each market and discuss these in relation to the prices to be charged in each market.
compute the equilibrium price and quantity when the per-ton price of scrap steel was $156, and the equilibrium price-quantity combination when the price of scrap steel reached $302 per ton. Suppose the cost function of a representative minimill pr..
Suppose that you are able to get a loan from bank for up to $10,000,000 at 7 percent interest yearly. You are to create a portfolio of real estate investments from real estate properties at present listed for sale.
A big level of international trade protectionism is required if developing nations are going to be able to industrialize and develop their own domestic industries in face of fierce foreign competition.
Is it not right to use the total revenue test for elasticity, when there is a direct relationship in price and total revenue the demand is elastic?
In the same context of Q6 above, briefly explain why the prices of Short Term US treasury securities are still high enough to keep the interest low enough despite the fact that the US Bond rating has been downgraded from AAA status to AA+ by S&P i..
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