Real cost of living increase for the average person
Problem: Can anyone find out how the Consumer Price Index (CPI), the primary measure of inflation used by the government, is calculated? Why might this method not reflect the real cost of living increase for the average person?
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Question: How does the EU help it's members economy? Do we need a EU? What are positive and negative points to members?
Identify and explain three trade restrictions. In your opinion, which method of restricting trade is the most efficient?
Question: Why does most of the worlds' international trade take place between similar developed economies?
Workers in Thailand are paid significantly less than workers in Thailand. If you were a company CEO, what other information would you want before you decided where to establish a new production facitily?
Can anyone find out how the Consumer Price Index (CPI), the primary measure of inflation used by the government, is calculated? Why might this method not reflect the real cost of living increase for the average person?
(1) Examine the GATT/WTO regulations concerning agricultural subsidies (origins, implementation, existing subsidy values). (2) Discuss why the US farm policy is failing.
Which of the following statements are examples of positive economic analysis? Which are examples of normative analysis? a. The inheritance tax should be repealed because it is unfair.
Discuss the position of India with respect to the comparative advantage it holds in gems and jewellery, software services, and petroleum.
Problem: What are the advantages and disadvantages of regional trade areas such as the European Union and NAFTA?
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