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What have been some major causes of the large U.S. trade deficits since 1992? What is a major benefit (you could address that issue) or a major cost (or you could address that issue) associated with trade deficits?
Microeconomics, Economics
Question: With the introduction of new technology, it becomes easy to purchase items without the use of direct money. How do you think the introduction of this new technology affects the amount of currency in the economy ...
Question: For the supply curve shown in Figure 3-6, what does the corresponding total variable cost curve look like? How about marginal cost? The response must be typed, single spaced, must be in times new roman font (si ...
Question: Use the Internet to research the economic crisis that struck Argentina in recent years. Identify as many potential contributing factors to the crisis as you can. What are current conditions of Argentina's excha ...
Question: During the Great Recession, like any other economic downturns, as unemployment rises, aggregate income declines causing a major decline in tax collections. On the other hand, with the rise in unemployment, spen ...
Question: Consumption in the U.S. burst upward for a period of time immediately after the election of Bill Clinton to the Presidency, despite no major changes in disposable income. Explain what could have caused this eve ...
Question: 1) Explain modern-sector enrichment and its effect on inequality 2) Explain the traditional sector enrichment and its effect on inequality. 3) Explain the difference between the size distribution of income and ...
Question: In early 1975, the government distributed $8 billion in one-time tax rebates to try to move the economy out of its most severe post-WWII recession. What impact do you think this had on consumption and saving? I ...
Question: Briefly explain the difference between generic and brand-name drugs. Why do some drugs not have a generic equivalent? The response must be typed, single spaced, must be in times new roman font (size 12) and mus ...
Question: Participation in the labor force is a personal decision that can be illustrated using indifference curves and budget constraints. A. Explain and show graphically why a person with non-labor income may choose no ...
Question: Armed conflicts and wars cause destruction of infrastructures, businesses, and mass displacement of population. Use Aggregate Demand/Aggregate Supply (AD/AS) model to depict the impact of armed conflicts on the ...
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