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The trend in recent times is that countries want their currencies to be weak because it makes their exports cheaper on the global market. Can you provide an argument for why INDIA(INR) would want their currency to be stronger even thought it might negatively impact their current account. Need detail explanation.
Consider the following model of international migration. The potential migrants originate in country 0, the source country. Worker 1 has 1 efficiency unit of skill, worker 2 has 2 efficiency units of skill, and worker 3 has 3 efficiency units of skil..
For each case below, please state if the person mentioned is unemployed for Frictional, Structural, or Cyclical reasons. Please state your reasoning for each answer.
A researcher claims that the average age of a woman when she has her first child is still equal to the 1993 mean of 27.1 years.
If all the women in a country stay at home as housewives, are they counted in the country's labor force? If these people give up being housewives to work
You are standing in line. Think about what you would be doing if you are not in this line. The alternatives are infinite and computing the cost of them all is impossible. However, since you could only be doing one thing (not all of them) if you are n..
In february 2014, hostilities escalated between Russia and Ukraine over Crimea. Predict the effects of these hostilities on the exchange rate between the U.S. dollar and the Russian Ruble? which now find themselves more competitive with Western impor..
Is an oligopoly inevitable in the diamond industry? And what components are needed to ensure that price will remain unchanged?
How will the alignment of cultural awareness and civic engagement efforts with corporate mission, vision, and values improve corporate exposure and profits?
some games of strategy are cooperative. One example is deciding which side of the road to drive on. It doesn't matter which side it is, as long as everyone chooses the same side. Otherwise, everyone may get hurt. Is there a Nash equilibrium in this g..
Why Would Someone Desire An inferior Good? Give an example of an inferior good, if possible, citing examples from the recent economic recession.
When a single-price monopolist maximizes profits, price is greater than marginal cost. This means that buyers would be willing to pay more for additional units of output than the unit costs to produce. Given this, why doesn’t the monopolist produce m..
A company is considering a new bottle-capping machine. The initial cost of the machine is 300,000 SR and it has a 20 year life. Yearly maintenance cost is estimated to be 15000 per year. The machine required a major overhaul costing 50000 at the end ..
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