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Assume you are a Canadian trader with 3.000.000 Canadian dollars. The spot exchange rates in the market are: Yen 65.4213/SF, Yen 80.6524/C$,and SF1.1678/CS. How much is the net profit of the trader
Suppose in a particular country, GDP per capita was $3400 in 1960 and $44000 in 2005. What is the average annual growth rate of GDP per capita in this country? How many years it will take for the GDP per capita to double, if it continues to grow at t..
A young couple is purchasing a new sport utility vehicle. The price of the new vehicle is $28,300, sales tax is 7.5%, title and registration will cost $105. The dealer is offering a special finance rate of 1.9% APR for 36 months (compounded monthly)...
Marx saw private ownership of the means of production (i.e. industry) as the source of capitalism’s problems. Describe what “returns to the factors of production” were like in his day, and how that might have brought about a collapse of capitalism. (..
What is the balance sheet the United States uses to account for international payments made/paid and for international payments received?
How can there be any economic gains for a country from both importing and exporting the same good?
Carefully explain the difference between the strong* and weak* versions of the efficient markets hypothesis as we have used these terms. Then explain why weak*
In the early1980’s, to combat the recessionary forces, President Ron Reagan used expansionary fiscal policy by lowering (marginal) tax rates to combat the recession. Concurrently, Paul Volcker, Chairman of the Federal Reserve Board of Governors, redu..
Did the economic recession we've experienced recently affect your organization
Smith likes cashews better than almonds and likes almond better than walnuts. He likes pecans equally as macadamia nuts and prefers macadamia nuts to almonds. Assuming his preferences are transitive, which does he prefer:
(a) Explain the difference between purely private and public goods and discuss how it applies to environmental problems faced by developing countries.
its marginal propensity to consume is 3/4. If its GNPin period10 is 2,048, explain how much labor and capital did it start with in period0.
Based on your own decision-making experiences and the material you have read in previous chapters, please explain your own model, or framework, to describe the ethical decision-making process.
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