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Explain the difference between a trade deficit, a current account deficit, and a balance of payments deficit. Explain fully why a current account deficit can be good for a country.
Research and discuss how the changes in autonomous expenditures affect income and output. Use the above example, let G0 = 200 and calculate the new equilibrium level of . Find ΔY given Δ, calculate the multiplier m. Interpret the meaning of the multi..
What did the Federal Reserve do during the financial crisis of 2008 and 2009 How did the recent financial crisis affect the financial services industry What are some of the major provisions of the Wall Street Reform and Consumer Protection Act
Bertand: If the firms compete on the basis of (continuous) price, what is the Nash equilibrium if the game is played once? A finite number of times? Explain clearly.
Discuss the current economic situation in the U.S. as compared to five (5) years ago. Include interest rates, inflation, and unemployment rate in your explanation.
Calculate NI:Consumption 200 billion Depreciation: 25 billion Retained Earnimgs: 12 billion
To a significant degree, "stimulation" in Keynesian thought translates to increasing government spending. Is an increase in government spending
A researcher studying the effects of a new fertilizer on crop yields plans to carry out an experiment in which different amounts of the fertilizer are applied to 100 different 1-acre parcels of land.
1. Compare the 12 month forward spread with the interest differential between SA and the USA 2. Calculate the interest parity one-year forward rate and compare it with the actual forward rate. Is there any violation of CIP? Explain why/why not
Consider a market that is served by a single producer. This market has significant barriers to entry so the single producer has market power and is not likely to face any competition due to these barriers of entry. You are given the following informa..
Imagine that the EMS had become a monetary union with a single currency but that it had created no European Central Bank to manage this currency.
When looking at externalities, you will find that we are looking at the cost/benefit to a third party. How do you think we can accurately calculate the impact of an externality present in the market after watching this video?
According to an article in BusinessWeek Online, the company is not only the world's largest shipbuilder but also manufactures other industrial goods ranging from construction equipment and marine engines to building power points and oil refineries..
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