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1) Assume Americans currently import more than they export. Illustrate the effect of foreign- ers becoming more optimistic about their future incomes. What happens to the quantity of Americans’ net imports? What happens to American consumption?
2) Assume Americans currently export more than they import. Illustrate the effect of foreign- ers becoming more optimistic about their future incomes. What happens to the quantity of Americans’ next exports? What happens to American consumption?
3) Suppose the government confiscates and burns exactly half of everyone’s money. Illustrate the effect of this in a supply and demand diagram. Does the price level rise or fall?
Identify economic forecasts for real GDP, the unemployment rate, the inflation rate, and a key interest rate. What do your forecasts imply about the relative strength of the economy over the next two years.
Suppose that a firm’s long-run average total costs of producing an individual income tax return is $75 when it produces 1,000 returns and $75 when it produces 1,200 returns. For this range of output, the firm is experiencing
It was top news a week ago that Bank of Ukraine increased its rate to 30%. And the news said they did this to fight inflation. But I don't understand one thing: isn't the increased rate of "money printing" of the central bank only aggravates the prob..
q1. 1. what value enhancers affected your choice of the school you attend?2. did you consider size location price
An engineering student must decide whether to pay for auto insurance on a monthly or an annual basis. If paid annually, the cost is $1650. If paid monthly, the cost is $ 150 at the start of each month. What is the rate of return for buying the insura..
Consider competitive markets, monopolies, and oligopolies. Illustrate what role does each of these play in an economy.
Identify the subject and theme of Managing for Stakeholders. Explain what you believe is the basic argument. What were some of the main points? What is odds with our society the way it is currently constructed? What specifically would change on socie..
The general linear demand for good X is estimated to be Q = 125,000 – 400P – 0.76M + 360PR Where P is the price of good X, M is the average income of consumers who buy good X and PR is the price of related good R. If P is instead set at $200, calcula..
Assume that the newspaper can't differentiate students from teachers and can only charge a fixed price per article.
When a best-selling book was first released in paperback, the Hercules Bookstore chain seized a profit opportunity by setting a selling price of $9 per book. With paperback demand given by P = 15 - .5Q, the chain enjoyed sales of Q = 12 thousand book..
Suppose Uncle Nacho sells shares of Time Warner stock for $20,000 and puts the proceeds from the sale into his money market mutual fund account. What happens to the value of M1 and to M2?
q.this problem uses the heckscher-ohlin model to predict the direction of trade. consider the construction of handmade
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