What powers does a president have to influence the economy
Assignment:
What powers does a president have to influence the economy? Illustrate these powers with a news article from the last eight weeks.
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If both firms adopt a tit-for-tat strategy, what is the maximum discount rate that is consistent with cartel stability?
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If not, what actions should they take with regard to employment, the capital stock and output in order to rectify the situation?
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