Linear Prodcution Possibilities Frontier

Draw a linear PFF representing the tradeoff between hot dogs and buns with 120 million workers available. At the start of this particular economy, 120 mil workers are employed. 30m hot dogs and 30m buns are produced each day, which employs 60m workers for each. Improved technology brings about an increase in productivity; one worker to produce a hot dog in one day, rather than two. Consumption also increases to 40m hot dogs and buns each day. Reallocation of labor is conducted; 40m workers produce hot dogs and 80m produce buns. I understand how improved technology makes the use of workers more efficient, and also how the increased consumption brings about better economic profit. ... click for more

International trade

Details: Does free trade encourage pollution as corporations build factories and plants in countries with more lenient air and water pollution controls? Or does it encourage higher standards, as better controls and higher standards are brought in with the growing corporations? The CEO and COO in the USA hope to use your writing and experience to convince other employees of the value of what Acme is doing abroad. They have asked that you write an article for the company newsletter about the success of an outside company in multinational partnership. This will denote to readers that Acme has done its research and seeks to do the same with care for the host environment. They will write and i... click for more

International Trade

Question 1: Suppose that a country announces that it is moving toward free trade by reducing its tariffs on intermediate inputs while maintaining its tariffs on final goods. What is your evaluation of the announced “free-trade” direction of the country’s policy? Question 2: A dollar appreciation against the Swiss franc is no guarantee that the dollar will “go further” than it previously did in acquiring Swiss goods. Do you agree ? Explain.

International monerary fund

Task Type: Discussion Board Deliverable Length: 4-5 paragraphs Points Possible: 75 Due Date: 9/15/2008 11:59:59 PM CT Your cousin's latest interest is The International Monetary Fund, about which you are now chatting online. The IMF was established by the United Nations in 1944 to provide loans to countries in financial distress at a relatively low interest rate. Nations having balance-of-payments problems can borrow from the IMF for short time periods and such loans include economic and financial stipulations on the debtor nation. Typically, such stipulations require that the debtor nation follow an austerity program that limits government spending, domestic consumption, and i... click for more

International trade deficit

Your hometown newspaper needs someone to write an informative article on large scale economic issues. The reporter who spoke with you before thinks of you, welcomes you home, and requests another article. Click here to view a summary of disaggregated data drawn from information provided on the 2000 U.S. balance of payments which is in the 2002 federal document, Economic Report of the President, available on the web. In addition to the balance of payments data presented above, the Bureau of Economic Analysis’ document entitled, International Investment Position of the United States (http://www.bea.gov/bea/newsrel/intinvnewsrelease.htm) offers the following information. "At year-end 200... click for more