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Calculate the following ER =FC/$ (exchange rate or price of a dollar)
a. If a hotel room in downtown Tokyo costs 30,000 yen per night and the yen/dollar exchange rate is 100, what is the dollar price of the room?
b. If the yen/dollar exchange rate decreases to 90, what is the new dollar price of the room?
c. Did the dollar appreciate or depreciate? Did the yen appreciate or depreciate?
The Venezuelan bolivar has been steadily depreciating against the US dollar, but the government wishes to stop the depreciation. What must the Banco Central de Venezuela do to stabilize the exchange rate? Is there a limit to how much it can intervene..
This week, we discussed the relationship between social structure, stratification, and health quality. In this exercise, you are expected to reflect upon your maturation process and demonstrate that you have considered the demographic characteristics..
A monopolist engages in price discrimination Select one: a. by charging the same price to all consumers. b. by charging a lower price when marginal cost is high
find an identical output for each firm that maximizes joint profits.
The absolute value of Mars’ MRS at his current consumption bundle is strictly greater than 2. Mars has convex preferences. Which of the following statements is (are) true? Justify your answer graphically.
And suppose, finally, that you want to combine these datasets to create a new dataset, to be named EvalPrePost.sav, containing ID and X1
Suppose the utility function given: U = M2L where marginal utility of leisure (L), (MUL) = M2; marginal utility of income money (M)(MUM) = 2ML and wage = $ 10.
Elucidate before economic growth, there were too few goods, after growth, there is too little time.
Suppose that Sean is the only consumer in the yacht market. His willingness to pay for a yacht is $210,000.
What happens in a demand and supply analysis for orange juice? Be sure to mention everything relevant and use a graph in your explanation.
Assume the interest rate is 5.75 %. how much do you have to deposit each year make sure that 8,000 can be withdrawn for the 4 years?
Which of the following pricing strategies is NOT used in markets with special cost and demand structures?
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