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1. Discuss an example of the terms of trade, and why countries will trade within these limits.
2. Using a website with an example of comparative advantage, discuss a sample problem .
3. Comment on a recent news item related to exchange rates. Can you apply any of what you've learned so far in this course to a better understanding of that news item?
4. Work on a few examples of factors affecting a change in the exchange rate for a particular country, and the effect on the level of imports and exports for that country.
The 2000s witness a dramatic increase in Financial Engineering that produced a wide range of new loans and investment products. a. What is Financial Engineering? b. Provide examples of consumer loan products and investment securities. c. How did Fina..
illustrate what wage would a monopoly union demand. Explain how many workers would be employed under union contract.
Think of a company that has provided great customer service to you recently. What did it do? How did it go beyond what you expected? What do companies have to do to get employees to deliver such service?
Assume initially that the economy is in a state of long-run equilibrium. The real GDP equals potential GDP and only natural unemployment exists. Now suppose that consumer confidence plummets and the aggregate demand decreases. What will happen to the..
During 2007, the United States and Japan announced possible limits on Chinese imports through higher tariff rates on Chinese products. To avoid these limits, China would have to: decrease the value of the yuan and increase its trade surplus
q. the federal reserve expands the money supply by 5a. use the theory of liquidity preference to illustrate the impact
Illustrate what evidence does GI present to support the view that Canada had entered a recession
Which of the following models are not generally the best to use when generating short-term forecasts?
Suppose that the government decides to increase G. Using a diagram, determine the equilibrium e ects of this shock on aggregate output, consumption, employment, and the real wage. Show that increasing G can potentially increase welfare. Compare your ..
Which of the following is the best example of an excise tax?
When the unemployment rate is_____ than the natural unemployment rate, real GDP _______. At a business cycle trough, cyclical unemployment is ____ and at a business cycle peak, cyclical unemployment is _____.
If output prices rise without the nominal wage rising, then real wages rise and workers are willing to work more. This is one of the main reasons that the short-run aggregate supply curve slopes upward.
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