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- What are 3 relationships between the economic concern you selected and that specific country's economy? - What trends do you see in the data sets?
How does global economic competition impact the decisions related to the strategy a firm uses to compete? Why do most economists oppose trade restrictions? Explain.
Critically assess the factors that led to the recent Global Economic Crisis and evaluate the economic lessons that have been learned.
About the topic of national debt, it just likes we borrow money from our offspring. Most of us think the debt is bad. However, someone has different ideas. If you can borrow some money from your chi
Problem 1. What is the dollar value of gross national income in Tunisia evaluated at exchange rate? Problem 2. What is the dollar value of gross national income in Tunisia evaluated at PPP? Comparin
As an economist you have been asked to address a meeting of a group on international professional to explain the differences between micoeconomics and maroeconomic and provide real world example.
Given the global economy, the rise of emerging economic superpowers such as China and India, and the challenges to remaining competitive in a global world, do you think that American federalism rema
Should poorer Third World countries reject "models based on economic laws" of universal validity and there are no universal laws. Explain if you agree. Explain what laws would not apply to poorer na
As an example, calculate the velocity of money when nominal gross domestic product (GDP) is $1 trillion and the money supply is $250 billion.
What conclusion did Marx reach for the mid 19th century and why were the components incompatible? According to Das Kapital (1865) how is capitalist profit derived? What was the specific economics cr
One of the specific problems Soviet-style socialist economics had was keeping up with capitalist countries technology. a) Can you think of any reason inherent in a centrally planned economy that would
Problem: How did European Feudalism help to foster American Capitalism?
Each theory uses special concepts to derive a conclusion regarding the neutrality or non-neutrality of money. In Minsky theory, what are the concepts that replace: rational expectation? Asymmetry of
Interpret "Creative Destruction" Should policymakers worry more about structural unemployment or frictional unemployment?
What do we mean when we refer to the basic economic problems of what to produce, how to produce, and for whom to produce? Please explain and elaborate the logic of looking at economics in this way.
Explain why the terms market, capitalist, or socialist economies are no longer appropriate to differentiate between today’s economic systems
Suppose that, during the day, the station owner's demand is given by PD = 2.06 - .00025QD. The marginal cost of selling gasoline is $1.31 per gallon. At his current $1.69 price, he sells 1,500 gallo
Proponents of free market systems argue that free enterprise leads to more efficient production and better response to changing consumer preferences. Others point to the fact that markets are not pe
Among different market structures, which one do you believe provides the highest possible return for a new company and why?
Explain a production possibility curve. Differentiate between points on the curve, points outside the curve, and points inside the curve.
Some say that capitalism is designed to make the rich richer and the poor poorer. In that case you have to work hard and become rich! Then you can relax a bit and just maintain.
Task: Please provide in detail the analysis of the following market structures: 1. Perfect competition 2. Monopolistic Competition 3. Oligopoly 4. Monopoly
Given that the new company is now run as a monopoly, how will this benefit the stakeholders involved, such as the government, businesses, and consumers?
Question 1. Would you identify his actions as price gauging or was the station owner an avowed profit maximizer? Question 2. How did he profit by his dual-price policy?
Question: Does capitalism contribute to more poverty or help control it? Why?