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Question: Since the pound sterling devalued in 1993, it has changed very little relative to the Dmark and its successor, the e. At the same time, the inflation rate in the UK, which used to be about 5% per year higher than Germany, has been about the same (2.5% compared with 2.0%). Yet it is often said that a stronger currency reduces the rate of inflation, while a weaker currency boosts it. Explain how the decision to float the £ in Britain also reduced the rate of inflation. (Hint: what happened to productivity?)
Is this social preference profile single-peaked?
Suppose the market demand for pizza is given by Qd = 300 - 20P and the market supply for pizza is given by , where (per pizza): Qs = 20P - 100
Find the domestic demand and the domestic supply curves for sardines in Finlandia. What is the equilibrium price and quantity in the domestic market for sardines
FIU administrators believe that a new approach to interactive learning will improve the experience of FIU students and improve educational attainment. A trial program is implemented for certain courses in the fall semester. The administrators hope th..
Two heavy equipment manufacturers might collude in an effort to do all of the following except one.
Classify the following topics as relating to microeconomics or macroeconomics. a family’s decision about how much income to save. the effect of government regulations on auto emissions
What was national income for 2008 and What does national income tell us? What is the difference between GDP and NI? How has NI changed since 2008? What caused these changes?
Assuming that we plot movies on the horizontal axis and popcorn on the vertical axis, what is the slope of the indifference curve at the optimal bundle?
you are starting your own internet business. you decide to form a company that will sell cookbooks online.
Does NAFTA affect the automobile industry's decisions on what to do with labor costs? Capital costs? If so, how? Was this trade agreement good for the United States from an economic standpoint? Was it good for Mexico from and economic standpoint?
a university spent 1.8 million to install solar panels atop a parking garage. these panels will have a capacity of
cemex and holcim are two cement manufacturers in durham. they produce cement and sell it into a competitive world
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