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1. Define nominal exchange rate and real exchange rate, and explain how they are related. If the nominal exchange rate goes from 100 to 120 yen per dollar, has the dollar appreciated or depreciated?
2. Describe the sources of supply and demand in the market for loanable funds and the market for foreign currency exchange.
A monopoly with a more elastic demand curve will have more market power and monopolist can earn positive profits in the long run because it has market power
Immigration is not a "Republicans vs. Democrats" issue in the US Congress. In both parties there are intra-party divisions with regard to a more open immigration policy.
Show your steps. B. After the equilibrium is reached, suppose 100,000 new jobs are created, causing 200,000 new migrants to enter the city. Does the equilibrium rate change? What is the new rate of urban unemployment right after the new migrants h..
Find the equilibrium price and quantity after the shift of the demand curve.If, instead, two new stores that sell T-shirts open up in town, which of the following might be the new supply curve?
Even if a perfectly competitive firm produces at a loss in the short run, continued production is preferable to shutting down as long as
to save on gasoline expenses edith and mathew agreed to carpool together for traveling to and from work. edith
A manufacturing firm's specialty circuit board division has annual fixed costs of $100,000 and variable costs of $15.00 per board. If they charge $95 per circuit board, how many circuit boards must they produce and sell in order to break even?
A friend of your is considering two cell phone service providers. Provider A charges $120 per month for the service regadless of phone calls made. Provider B does not have a fixed service fee but instead charges $1 per minute for calls.
Currently, the economy is in equilibrium at Q = 3200 (where Q = potential GDP) and P = 100. You can use monetary and fiscal policies to affect aggregate demand but you cannot affect aggregate supply in the short run.
what happened to the credit standards e.g. minimum down payment mortgage loans relative to the value of the house and
Regional Power owns 25 small power generating plants. It has contracted with Genco services to overhaul the power turbines of each of the plants. Th number of hours that Genco billed regional to complete the fourth turbine was 460.
felix is a wheat farmer who has two fields he can use to grow wheat. the first field is right next to his house and the
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