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Discuss advantages and disadvantages of both fixed and flexible exchange rate. Which of the two exchange rates regime would you recommend a country to implement? Give economic reasons for your recommendation.
Develop an alternative analysis for a family of three, where both parents work fulltime and the third person is a young child, looking to purchase a $150,000 dwelling and they are considering whether to purchase a single family home, a townhouse, or ..
You have just graduated from college and received a job offer from a local company as a project engineer. The job pays an annual base salary of $55,000, which is paid at the end of every year. In addition, the company offers you an immediate bonus of..
You compete with many firms offering similar products (monopolistic competition). An economic consulting firm has estimated the own-price elasticity for your most profitable product is -1.50. Your marginal cost is constant at $75 across most of your ..
Why is it in the U.S we do not consume all of our current output instead of sacrificing some present consumption for investments?
fundamental economic concepts please respond to the followinganswer the following discussions based on the katrinas
For a child i living in a particular school district, let voucheri be a dummy variable equal to one if a child is selected to participate in a school voucher program, and let scorei be that child’s score on a subsequent standardized exam. If you run ..
Suppose that the Fed intervenes in the foreign exchange market to lower the value of the dollar. Assuming that domestic and foreign assets are perfect substitutes, use T accounts of the Fed to show how an unsterilized foreign-exchange intervention di..
Assume a firm is currently employing 20 units of capital and 100 units of labor in its production process. Assume also that the marginal product of the 20th unit of capital is 40 units of output, the marginal product of the 100th unit of labor is 10 ..
Do you think that there is a “retirement problem” in the US, meaning that individuals and families are not saving enough for retirement? What three original pieces of evidence support your observations and conclusions (journal articles, studies, spec..
For several decades the labor force participation rate of women increased steadily but average hours worked per employed woman decreased steadily. Holding all other factors constant, could rising wage rates of women explain both phenomena? Explain. [..
Trade Secret: Criminal Enforcement. Why has criminal misappropriation of trade secrets become an issue of greater concern in recent years?
Suppose that during the past year tv fell from $2000 to $1800 per tv sales increased from 700000 to 800000 tv. calculate elasticity of demand.
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