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What has happened to the US Dollar exchange rate with the Euro (the currency of the European Union) over the past four years. What are the explanations for any changes? What does it mean to Americans?
Burning of fossil fuels emits carbon oxides into the atmosphere, which many scientists believe increase the rate at which the earth’s climate is warming. Legislate that within 5 years all automobile manufacturers must meet some sharply higher minimum..
When using a supply and demand model to illustarte how land rents are set, economists typically draw the supply curve as a vertical line because
How do the five competitive forces in Porter’s model affect the average profitability of the industry? For example, in what way might weak forces increase industry profits, and in what way do strong forces reduce industry profits?
Assume that the 12% rate used in problem 2 is a constant dollar rate (i’). Now discount your end of year cash flows from problem 10 by inflation (f=4%) and re-compute your IRR’ and NPW’. What is the market interest rate (i)______________ IRR’________..
Give an economics analysis of that liability standard for product-related harms.
List out at least one policy action that the Federal Reserve has taken to confirm that direction. Explain the effects of monetary policies on the economy's production and employment.
Suppose that consumer’s utility is described by the following function: U(x;y) = x2y, where x is the amount of good X that the consumer consumes and y is the amount of good Y that the consumer consumes. Consumer’s income is 360 euros. Find the minimu..
The oil price shock embodied an inflation rise of 3 percentage points and inflation turned out to be 1.5%. What effect did the financial crisis have on the unemployment rate?
The manager of a corporate division faces the possibility of an audit every yr. She prefers to spend time preparing if she will be audited
Consider an income support program (similar to AFDC after 1967) in which a family with no income would receive $1500 in cash benefits per month, and if the family receives income from working Y, At what income Y would benefits be eliminated? Suppose ..
For a particular year, a company has gross annual income of $780,000, annual expenses of $270,000, and allowed depreciation of $60,000. The company is located in a state where the first $200,000 corporate income is tax-free, and any income above that..
Suppose market demand and supply are given by Qd=100-2P and Qs=5+3p. If a price floor of $30 is set, what will be size of the resulting surplus?
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