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Why would countries promote protectionist laws, while also negotiate for freer trade internationally?
If the student earns 0.75% per month interest on the money she saves, how much money is the monthly savings?
What is a financial system and why would a country with a well developed and fully functional financial system be better off than a country without it?
Suppose that society decided to reduce consumption and increase investment. How would this change affect economic growth? What groups in society would benefit from this change?
Summarize and analyze an example situation from the local newspaper, your hometown newspaper, or a news magazine.
For those 50 or older, membership in AARP, formerly known as the American Association of Retired Persons, brings numerous discounts for health insurance, hotels, auto rentals, shopping, travel planning, etc.
Amazon’s new tablet computer, the Kindle Fire, has slim margins at its $199 retail price. Admittedly, this product is trying to change the way we read books. Categorize the listed costs as variable or fixed and calculate a contribution margin percent..
Suppose that a perfectly competitive industry is in long-run equilibrium, and demand increases. Explain the short run and long run effects on the firm and on the industry.
If an investment of $20,000 is worth $22,076 at the end of one year with quarterly compounding: What is the nominal interest rate per year(APR)? What is the effective interest rate per year (APY)?
Consider the types of non-tariff trade barriers and determine which has the most detrimental effect on the U.S. economy from the standpoint of the domestic consumer. Explain your rationale and support it with specific examples.
In which cases are the Coase theorem's assumptions are likely to be true? Explain.
Assume a given country two industries X and Y, and in autarky X is produced by a monopolist (with constant returns to scale). Using a graph, explain the precompetitive and comparative advantage gains from trade.
Disks, paper, and printer cartridges will cost him $120 per year. The lease payments are $80 per month, and there is a security deposit of $500.
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