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Question: Explain the term Horizontal Fiscal Imbalance (HFI)
Now, write a short narrative (2-2.5 pages) comparing the economies of the five nations.
Does free trade harm the environment? Environmentalists argue that trade liberalization harms the environment.
Identify and discuss potential solutions to the cycle of poverty and resource degradation.
Three natural resources and/or products that could be traded abroad based on the principles of comparative advantage for India.
Can you provide an economic explanation of why poverty exists?
At what rate is per capita output growing at the steady state? At what rate is total out-put growing?
Companies are selling their receivables at a record rate. Why are companies selling their receivables?
How is a gain or loss on the sale of a plant asset computed? What are natural resources, and what are their distinguishing characteristics?
Proponents of trade liberalization argue that freer trade might actually improve the quality of the environment.
Argue the science of economics in the presence of making a profit with scarce resources (Michael Baye) versus Adam Smith
Briefly comment on the current issue of "exporting jobs"?
Question 1: Is the depletion of natural resources really a concern for future generations?
Question: What are key factors that determine the price of a resource? Provide some specific examples.
What are the four economic resources? How is each resource defined? What is the law of increasing opportunity costs?
Compare and contrast public goods, private goods, common resources, and natural monopolies with Brazil and the United States with bio fuel.
Trade liberalization conflicts with morally-conscious environmental policies.
What is the theory of natural monopoly? Describe the main federal regulatory commissions? What is the new social regulation?
What impact do natural resources have on economic growth? Will it be possible for a country with few natural resources to grow rapidly? Why or why not?
Are you for or against free trade? Are you for or against NAFTA? What is the economic basis for trade?
What are the factors contributing the current drop in the world oil prices? Is this episode of oil price drop good or bad for the world economy?
Write detailed definition on the following: 1. Complete crowding out 2. Laffer Curve 3. Proportional income tax 4. Cyclical Deficit 5. M1
What is the difference between economic depression and inflation? Describe the nature of an appropriate fiscal and monetary policy in each of these situations.
Economics-based decision-making in government has long been the basis for deciding to privatize or not.
After 1985, the United States asked Germany and Japan to adopt fiscal and monetary expansion as ways of increasing foreign demand