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In January 2001, $1 was equal to 1.06 euro. By January 2012, $1 was worth 0.76 euro. As a result of the change in the value of the dollar:
a. The prices of imports from Europe increased and the prices of U.S. exports to European consumers increased.
b. The prices of imports from Europe increased and the prices of U.S. exports to European consumers decreased.
c. The prices of imports from Europe decreased and the prices of U.S. exports to European consumers decreased.
d. The prices of imports from Europe decreased and the prices of U.S. exports to European consumers increased.
Let’s compare the incentives generated by two different types of public programs. The Aid to Families with Dependent Children (AFDC welfare before reform) provides an income subsidy, G, at 0 hours of work, it is taxed away at a rate t when an individ..
A wave of day laborers with experience in home construction moves into the area. Will this shift the labor supply curve, demand curve or both in home construction.
q1. a fenway park home of the boston red sox seating is limited to 39.000. hence the number of tickets issued is fixed
Suppose you have purchased a bond with a coupon rate of 8% that makes interest payments semi-annually, a yield to maturity (hint: this is the annual figure) of 6.5%, and a par value of $1000. If the bond matures in 5 years, what is the price of the b..
Two partners own together a small landscaping business in North Carolina, called Summer Lawn Care. They have been specializing in summer grass seeding
Explains how the organization's goals drive the selection of the information systems. The roles each organization's stakeholders play in the selection and acquisition process.
Suppose the Demand for baseballs is given by Q = 240 – 8P. What is the price elasticity of demand when P = 6? At what price will Total Revenue be maximized?
The dollar that the United States pays to import chinese goods are left in banks in china. Will this strategy raise or lower the standard of living in the United states?Briefly explain. be sure to provide a definition of "standard of living " in your..
In an effort to reduce education expenditures, Delware shuts down two of the five colleges that train nurses. Using the traditional supply and demand model, discuss the effects of the budget cut on three markets: the markets for nurse schooling (tuit..
If over speeding by 10 mph results in the probability of dying in one hour to be 1 in 400,000, use the Jones-Lee approach to estimate Junior’s value for his life if he makes $90 per hour. What if the probability of dying is 1 in 5,000,000?
Which one of the following statements about discretionary fiscal policy is correct? A. Discretionary fiscal policy refers to any change in government spending or taxes that destabilizes the economy. B. Discretionary fiscal policy refers to the change..
q1. which types of inefficiency described in chapter 10 do you think is most economically significant in the country
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