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Question: Explain how each of the following transactions generates two entries-a credit and a debit-in the Japanese balance of payments accounts, and describe how each entry would be classified:
1. A Japanese investor buys a share of a Thailand stock company, paying by writing a check on an account with a Singapore bank.
2. A Japanese investor buys a share of a Thailand stock company, paying the seller with a check on a Japanese bank.
3. The Malaysian government carries out an official foreign exchange intervention in which it uses Yen held in a Japanese bank to buy ringgit (Malaysian currency) from its citizens
4. A tourist from Kyoto buys a meal at an expensive restaurant in Bangkok, paying with a traveler's check.
5. A sake´ brewery in Kobe contributes a case of sake´ bottles for a Paris wine-tasting event.
6. A Japanese-owned factory in Germany uses local earnings to buy additional machinery.
Let us assume that an economy in which there is no widely agreed upon form of money. In other words, suppose we are dealing with a barter economy.
Briefly explain the calculation of The Unemployment Rate for the U.S. economy. How is the data collected to compute the Unemployment rate?What is the ultimate cause of severe inflation in an economy?
Explain how the public interest theory of regulation might come to a different conclusion regarding emission fees v. marketable permits than the interest group theory
In attempt to increase revenue and profits, a firm is considering a 4 percent increase in price and an 11 percent increase in advertising.
In the Heckscher-Ohlin model studied in the slides, where C is capital-intensive, Home is labor-abundant, there is no factor substitution.
look at the two tables below which show respectively the willingness to pay and willingness to accept of buyers and
Why do firms under perfect competition receive zero profit in the long run? In the perfectly competitive firm's graph below, do the following.
The following information is provided for Tony Romo's income and expenditures. Estimate Tony's income elasticity of demand for steaks.
A U-shaped average total cost curve implies what?
the forecasting staff for the pizzer corporation has developed a model to predict sales of its air-cushioned ride
how the firm should adjust its mix of capital and labor
When the government imposes a quota on a specific imported product, who benefits and who loses?
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