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Assignment
You are the Central Banker for an economy with a fixed exchange rate regime. New data arrives indicating that the economy has experienced a negative productivity shock. Discuss how quickly you would respond, if (and how) you would coordinate with the government, and any concerns you have on the impact to the economy and the effectiveness of your policy choices. How does your response differ from that of a Central Banker for an economy with a floating exchange rate?
Determine which system, socialist or capitalist, feudalism or mercantilism, works better? Explain your reasoning? Also, which type of business gives the owner highest protection or the most incentive to succeed?
Do you think that nearshoring or outsourcing will continue for U.S. companies? B. Identify a legal job that you would not accept on moral grounds? C. Identify a U.S. company that operates in a foreign country whose assets were confiscated. Explain..
In a market economy, the price system facilitates allocation of resources. Discuss how a manager may contribute to the profit maximization goal of a firm by studying managerial economics.
Derive an equation to find end of year future sum F that is equiv to a series of n beginning-of-year payments B at interest rate i. Then use the equation to determine the future sum F equivalent to six B payments of $100 at 8% interest.
Real wages more accurately reflect the payment to labor because they are adjusted for the effects of inflation. Inflation tends to redistribute real income from lenders to borrowers.
Describe at least two challenges of quantifying the rate of return for this public health initiative. Using the principles of rate of return, explain whether the financing this initiative is justified.
1. the owner of the thomas car wash believes that the relationship between the number of cars washed and labor input
What is the effect of a higher exchange rate on exports and imports?
In any city at any time, some of the stock of usable office space is vacant. This vacant office space is unemployed capital. How would you explain this phenomenon Is it a social problem
Considering a two-player, sequential game where each player can choose to play right or left. Player 1 moves first, and player 2 observes 1’s actual move and decides to move up or down. If both of them moves left, then payoffs for player 1 is $-5 and..
The non discriminating pure monopolist must decrease price on all units of a product sold in order to sell more units.
Transfers. Why would cash transfers typically be preferred by recipients over in-kind transfers? What are the pros and cons of each from a government perspective? Respond to at least two of your classmates.
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