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Question: a. In autarky, how many commercial jet airplanes does the United States produce, and at what price are they bought and sold?
b. With trade, what will the price for commercial jet airplanes be? Will the United States import or export airplanes? How many?
Discuss (providing data) how U.S recession and recovery impacted on the economies of Europe and Canada. You could take any large country in Europe prior to 1973 or the EU as a whole after that date.
Review and reflect on the knowledge you have gained from this course. Based on your review and reflection, write at least three paragraphs- What were the most compelling topics learned in this course?
China and Japan have 2factors of production, land and labor. Both countries produce 2-goods, corn, which needs more land, and computers, which needs more labor.
Your essay grades are based on clarity of exposition, coherence of arguments, and how well your theory (and data, if you use any) supports your arguments.
What are the extreme liberal, embedded liberal, economic nationalist and Marxist view on the International Monetary Fund (IMF)?
Write a note on European Union (EU) and elaborate the impact of EU on the world market.
American unions often try to win public support for boycotting goods made in less-developed countries by workers who work very long hours at low pay in unhealthy conditions. If successful, will these efforts unambiguously help the targeted foreign..
When China's clothing industry expands, the increase in world supply lowers the world price of clothing. a) Draw an appropriate diagram to analyze how this change in price affects consumer surplus.
Discuss similarities between the principle of comparative advantage and absolute advantage? Are there any differences between two principles?
Your paper is a research paper, ten pages or longer (excluding cover page and references), double spaced with 12 point Times New Roman font to be consistent with APA format - Develop content and ideas fully.
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.
What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.) What fiscal policies and monetary policies would be appropriate at this time
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