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Assignment:
1. Research the Chinese Yuan and discuss its importance in the global economy.
2. Looking at China's current economy, discuss their exchange rate and the impact it has had on the foreign direct investment (FDI) in their country.
3. What restrictions does the government have in place to restrict free trade?
4. Discuss whether the Chinese Yuan is being used more in global transactions.
A steel producer has the production function q=10K^0.75 E^0.25 where q is the quantity of steel, in metric tons, K is the firm's capital stock, and E is the number of labor hours it employs (measured in thousands).
An oligopoly is a market
Consider a long-term debt you currently own (e.g., a mortgage or student loan) and discuss how you would take present value into account when deciding whether you should retire that debt ahead of schedule. Explain your rationale.
What are the advantages and the disadvantages of a merger? Provide an example of either - a merger that was successful, or one that was unsuccessful.
Last year, the workers at a Canadian outlet joined the union and Wal-Mart immediately closed the outlet.
A loan for 432,000 is to be paid in 4 yearly payments with a rate of 10% per year. The amount to be paid in is increasing by $200 every year.
A factory (F) produces a product that is sold at the price of 10$ per ton. The total cost of production is:
As a result of the increase in income, Mei decides to spend eight evenings at Zanzibar and eat at the Chinese restaurant four times. What kind of a good is Chinese food? What kind of a good is a night at Zanzibar?
What is the Consumer Price Index (CPI)? What is the difference between commodity-specific and composite price indexes?
Explain the factors contributing to the Australia's productivity. Columbia University.
What does this imply about the inflation rate in the US and Columbia during this time according to our long term exchange rate theory in the course?
The recurrent ups and downs in the level of economic activity extending over several years are referred to as business cycles. What are the phases of this cycle and describe what occurs in each phase?
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