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Use the following information to answer the questions below. Assume that the capital account is 0.
Exports of goods and services
500
Primary income received
Secondary income received
200
300
Imports of goods and services
700
Primary income paid abroad
Secondary income paid
100
Net acquisition of financial assets
Net incurrence of liabilities
400
Net change in financial derivatives
600
Suppose the dollar-yen exchange rates is 0.01 dollar per yen. Since the base year, inflation has been 2 percent in Japan and 10 percent in the United States. What is the real exchange rate? In real terms, has the dollar appreciated or depreciated against the yen?
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.
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What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution
Calculate gross national product and net national product
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