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The USA has had a current account deficit for many years now. We "get away" with this because the US dollar is the world's primary reserve currency.
Suppose we were required to reduce our current account deficit because countries decided to hold fewer US dollars in reserve. What would have to increase? What would have to decrease? What does that mean specifically to American households and businesses and governments? Evaluate the impact this would have on the American economy and its households, businesses, and governments.
Suppose, at a given point in time, Stephanie's Soda Fountain sells ice cream in a perfectly competitive market and is producing its profit-maximizing level of output. Suppose further that at this level of production its average total cost of producin..
Suppose that the demand curve (hundreds) for apples is given by Qd = 140 - 5P, where Qd is the number of pounds demanded per year and p is the price per pound. The supply of apples can be described by Qs = 40 + 5P, where Qs is the number of pounds pr..
(a) What is the prospective rate of return before income taxes?
Raising tariffs on imported goods in order to reduce our trade deficit with other countries, (i.e. NXUSA
q1. the taxing agency in your state would like to impose a sales tax in a way that minimizes deadweight loss. to
You need both equations and clearly labeled graphs (separate graphs for each question) to answer the following questions. Assume that b=1/2 and that initially the real interest rate is equal to the marginal product of capital at 3%. How much will thi..
Economic Growth Why would capital equipment and other property last longer when it is privatized rather than collectively owned?
if thailand had a job finding rate of 4 and a steady-state natural rate of unemployment of 10 what would the job
Describe when you have experienced diminishing marginal utility. Also discuss opportunity costs you have had to pay in order to attend school
Discuss the use of price and non-price competition in monopolistic competition and oligopoly.
Ben worked for an engineering firm. When they reach retirement age, together Ben and Carla are eligible to receive
Question: Does motivation come from within a person or is it a result of a situation. Explain?
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