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Is it possible for Latin American countries to "adopt" the "Asian model of economic growth"?
What policies from the East Asian countries could be exportable to other countries and potentially be successful?
Discuss whether the following statements are true, false, or uncertain. Explain your answer in five lines or so. (6) One effect of experience rated taxes is to decrease the incentives for firms to lay off workers. (7) We need a public UI program beca..
Discuss the Arbitrage Pricing Theory and the Fama-French factor and the “preciseness” of techniques used to calculate cost of capital. How does one decide on which technique is best to use?
How must federal, state, and local public health agencies balance the cost of serving the people with the cost of ensuring there are appropriate and effective emergency preparedness programs in place? Who should pay and why?
The spot rate for the Japanese yen currently is ¥120 per $1. The one-year forward rate is ¥119 per $1. A risk-free asset in Japan is currently earning 8 percent. If interest rate parity holds, what rate can you earn on a one-year risk-free U.S. secur..
Discuss a scenario where either the supply or price of a good or service is intentionally limited by the government.
Define and explain what the production on function and the marginal output curve are. Graph the production function and the marginal output curve. How are the two related? Indicate where the ranges of
In 2010, and 2011, the government of Greece risked defaulting on its debt due to a severe budget crisis. Using bond market graphs as shown in class show the effect on the risk premium between U.S. Treasury debt and comparable maturity Greek debt. Ple..
Romans utility function os U(x,y)=6xy. The prices of goods x and y are $12 and $15. The indifference curve is tangent to his budget constraint, where he is consuming 20 units of good x. How many units of good y must he be consuming?
The initial price of a cup of tea is $1, and at that price, 400 cups are demanded. If the price falls to $0.90, the quantity demanded will increase to 500. Calculate price elasticity of demand for tea using the midpoint formula. Calculate the (point)..
Illustrate what are the new long-run equilibrium values of these three variables.
How does the relationship between saving and investment affect the current account balance? What is the connection between the government’s budget deficit and the current account deficit?
Illustrate who benefits more from a transaction of the good or service, the buyer or the seller. Generally speaking, why do people enter into trade.
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