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Explain how foreign exchange rates are determined. How do changes in interest rates, inflation, productivity, and income affect exchange rates? What are the advantages and disadvantages of a weak versus a strong dollar for imports, exports, international and domestic markets?
On the grounds of economic efficiency, do you think such a proposal to raise taxes on gun and ammunition sales worthy of attention? Discuss in terms of appropriate economic models
Advantages and disadvantages of a company using price discrimination in order to increase demand for its product or service.
how much output should the firm allocate to market 1? Approximately how much output should the firm allocate to market 2? What is the approximate price that will be charged in market 1?
Assume the inflation rate is 1.59 %, an income tax rate of 39 %, and straight - line depreciation. The MARR is 10%. What is the Internal Rate of Return (IRR) of "Alt. A" after taxes in actual 5?
Illustrate what is the value of the equilibrium exchange rate. Assume the demand for dollars increases by 300 billion at each exchange rate.
Show why this equilibrium point is unique, i.e. if we are not at point E, illustrate what would happen in this economy.
Compute the value of deadweight loss with the new demand curve to verify your intuition about the answer to the previous question.
When Michael got a pay raise and began to earn $6,000 per month, his demand shifted outward to Q = 20 – 0.25P. Given this information, find Michael’s income elasticity (EI) for filets.
What effect would each of the following have on aggregate demand or aggregate supply
If producing a good generates pollution (a negative externality), from a social perspective ...
illustrate what you observed in this company to your own work experiences.
During the Great Recession, like any other economic downturns, as unemployment rises, aggregate income declines causing a major decline in tax collections.
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