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Consider our standard DD-AA model. But now, assume that the current account (CA) also depends positively on foreign output Y, in addition to the usual effect of real exchange rate and disposable income. Compared to the standard model, this modification leads to a steeper DD curve and a steeper AA curve.
(a) Produce the descriptive statistics on the stock index that are given, present an OLS estimate of B (b) Perform a test of the hypothesis that the drift is zero. Use a 5% level of signicance. State all elements of your test procedure carefully.
A company produces chairs and wood chips in fixed proportions in the same production process : every chair produces one kg of wooden chips
It is important to remember that in a communist society difference between value of machine and value of labour-power replaced by it will always vary. Are you still thinking that Capital is blueprint for society.
Q=4000-4p, where P is selling price per unit and Q is quantity demanded. V= $25/unit which is the revenue per unit and Fixed cost = $10025. (a) Find Breakeven quantity or quantities, (b) find maximum revenue, (c) find the maximum profit.
You are given an offer to split a $20 bill. The other player offers you $1. If you accept the offer, you keep the $1 and the other player keeps $19. If you reject the offer, neither of you will get anything. Do you take the offer? How could you take ..
Find the interest paid in the last $400 payment.
According to the BLS, the CPI rose 3.8% in August of this year compared to a year earlier. Food prices rose 4.6% and clothing prices were up 4.2%, while new car prices rose 3.8%, and medical care was up 3.2%. What percentage change in the CPI up unti..
You have been contracted by an economic consulting firm to determine the economic structure and possible future actions of OPEC, the Organization of Petroleum Exporting Countries.
A profit maximizing monopolist is earning a positive economic profit. The wage it pays its workers rises. How will the firm's choice of P and Q change in response to the wage increase. Use a diagram in answer. (Assume monopolist is still earning a po..
A psychologist examining art appreciation selected an abstract painting that had no obvious top or bottom.
Please explain and provide examples of companies in your explanation.
Explain why exchange-rate quotations stated in different financial centers tend to be consistent with one another.
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