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Suppose china decides to pay large subsidies to any chinese company that exports goods or services to the united states. As a result these companies are able to sell products in the united states at far below their cost of production. In addition, china decides to bar all imports from the United states. The dollar that the United States pays to import chinese goods are left in banks in china. Will this strategy raise or lower the standard of living in the United states? Briefly explain. be sure to provide a definition of "standard of living " in your answer,
Describe whether to raise price, the bank managers experimented with a number of higher prices (in 25 cent increments) at selected ATMs.
Should the government increase the minimum wage? What should be the GUIDELINES for an increase? What are some of the disadvantages of an increase?
Explain the concepts of scarcity also choice also elucidate how they function in economic system.
Critically evaluate and explain: in monopolistically competitive industries, economic profits are competed away in the long run; hence, there is no valid reason to criticize the performance and efficiency of such industries.
Elucidate how much income did this represent for each of the 300 million U.S. citizens. Illustrate what was the largest GDP decline in a postwar U.S. recession.
Explain role of technology in evolution of money is used by consumers. Explain illustrate what has happened to velocity of money because of technology.
What is the equilibrium price? What is the equilibrium quantity? (d.) If the market price is $5 will there be a surplus or a shortage? Of how much?
To raise the incomes of the worlds severely poor population to the official threshold of US poverty.
Why these former employees faced difficulties because the market for their very technical skills was declining. These workers were.
illstrate the effect of capital formation by comparing the prodution pissibility curves, at the present time and ten years in the future,for tow economies, one with the high and the other with the olw rate of capital formation.
you agree with the argument which the copyright owners of the materials mentioned should not be paid a fee if their material is on YouTube.
The U.S. cigarette organization has negotiated with Congress also government agencies to settle liability claims against it.
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