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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?
Consider the following short-run production function: q = 5L^2 − 1/3L^3. Derive a marginal product of labor. Derive an average product of labor. At what level of L is the average product of labor maximized?
A group of individuals each face a 1% probability of suffering a loss of $10,000, a 4% probability of suffering a $1,000 loss, a 20% probability of suffering a
Why should an economist object to including overhead costs in CMA analysis? A clinic finds that it can reduce costs by eliminating appointments. The clinic is able to eliminate some telephone staff, and physicians become more productive. Patients wai..
a) Compare the real worth, rather than the market values, of various goods and services. b) Compare the relative desirability of alternative distributions.
You operate a Caribbean destination resort. You currently offer plans for a cruise departing from the resort and plans for a casino stay. It is expected that in
Which would be better for stimulating the economy; a tax cut, or a spending increase? Why do you think as you do?
Federal Reserve Bank of St. Louis. describe your experience with price elasticity as a consumer.
Suppose that in a day a worker in the United States can produce 10 bushels of corn or 2 shirts. In Russia a worker can produce 9 bushels of corn or 3 shirts in one day. Which of the following would benefit both the United States and Russia if trade o..
q.a woman managing a photocopy establishment for 25000.00 per year decides to open her own duplicating place. her
In 25 years, will it be classed as a core region or as a periphery region? What factors will impact on the region's future development?
A late-night news report says the president of a local bank is about to be arrested for embezzling money from the bank at which he works. This causes worried depositors to line up in front of the bank the next morning wanting to withdraw all of their..
A corporate expects to receive $34,688 each year for 15 years if a particular project is undertaken. There will be an initial investment of $122,261. The expenses associated with the project are expected to be $7,426 per year. Assume straight-line de..
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