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Suppose the French suddenly develop a strong taste for California wines. Answer the Following with words and a Diagram:
a. What happens to the demand for dollars in the market for foreign-currency exchange?
b. What happens to the value of dollars in the market for foreign-currency exchange?
c. What happens to the quanity of net exports?
Write a short essay evaluating the U.S. economy in terms of each of the six determinants of average labor productivity discussed in the text. Are there any areas in which the United States is exceptionally strong, relative to other countries
In 2001, the U.S. government mailed rebate checks in the amount of $300 or $600 to many households. Discuss what would happen if the U.S. government did the same thing today. Would households spend the extra income or use it to pay down debts
Until the 25-century, Latin was the language used between the educated and within literature. Research and report on origins of vernacular language, and its spread.
Why is Avon so much more dependent on its foreign operations than on its home ( U.S.) operations and discuss socioeconomic and demographic changes that could affect Avon.
In 2005, then Federal Reserve Governor Ben Bernanke, now Federal Reserve chairman, said in a speech: "Over the past decade a combination of diverse forces has created a significant increase in the global supply of saving - a global saving glut.
If you were President of the US and you were making decisions on trading, would you rather have a comparative or absolute advantage in trading If so, what if at all would be the benefit for your country to trade with any other country
What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.) What fiscal policies and monetary policies would be appropriate at this time
Suppose that France and Denmark both produce oil and olives. Frances's opportunity cost of producing a crate of olives is 4 barrels of oil, while Denmark's opportunity cost of producing a crate of olives is 7 barrels of oil.
The US presently has a current account deficit with Japan. Determinje what would happen to the dollar or yen spot exchange rate and the current account deficit if there were a decrease in Japanese investment in the U.S.?
Suppose that the following output and labor hours for Russia and Germany in manufacturing Wheat and Cloths
Suppose that government imposed a price ceiling on gasoline in order to save prices from getting too high. What are the economic implications of this action in the gasoline markets?
Bogle believes that "the change from traditional owners' capitalism to the new managers' capitalism is at the heart of what went wrong in corporate America." Summarize and evaluate his argument What does his argument suggest to you about reform or..
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