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Assume the inflation rate in Canada to be 5 percent per year for the indefinite future. How much would a Canadian dollar, at the end of 10 years, be worth in terms of today's dollar? [$0.6139]
Assume an initial exchange rate of A$1=Yen100, and then show numerically how a strengthening $A (assume the exchange rate becomes A$1 = Yen 200), other things equal, is bad for Australian car manufacturing firms.
Draw a graph of aggregate demand and aggregate supply to illustrate the current situation. Be sure to include the aggregate demand curve, the short run aggregate supply curve and the long-run aggregate supply curve
The long-run aggregate supply curve is vertical at economy's potential output level. Why is the long-run aggregate supply curve situated at his level of output rather than below or above the potential output level?
An investment of $100,000, increased to $168,510 over a 5 year period. What was the rate of return on the investment?
Atlas Mines has adopted a policy of increasing the annual dividend on its common stock at a constant rate of 2.75 percent annually. The firm just paid an annual dividend of $1.67. What will the dividend be six years from now?
What is the slope of an engel curve for perfect substitute and perfect complement goods if price of good x is less than price of good y?
Assume a specific factors economy produces two goods, cloth and food, and that when representing the output of this economy graphically, cloth is on the x-axis and food is on the y-axis. When opening up to trade, an economy. Trade hurts
Assume a certain firm in a competitive market is producing Q = 1,000 units of output. At Q = 1,000, the firm's marginal cost equals $15 and its average total cost equals $11. The firm sells its output for $12 per unit.
The income velocity of money and the implications for long run monetary policy.
Suppose that Jean Splicer, an investor, buys $300,000 of shares of stock in a diversified bundle of Bio-tech firms and exactly one year later sells those shares for $315,000. What was the inflation in the prices faced by consumers?
the cost of producing 600 small fiberglass sailboats per year and the cost of producing sails and fittings necessary to
Parties to a contract should have and understanding of what they are undertaking—a meeting of the minds. Provide an example of two parties who have reached such a clear understanding.
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