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1. What is the main idea of the chapter on open economy macroeconomics?
2. When we start assuming an economy is 'open economy', we start to assume there is a flow of goods and services and capital (in and out) from or to a country.
3. Explain briefly net outflow position under few different circumstances which are: i) trade deficit, ii) trade balance and ii) trade surplus
4. What is currency appreciation and depreciation? What causes both to happen?
5. What is real exchange rate?
6. Explain briefly the concept of purchasing power parity.
In general, The problem with increase in health care usage due to better health insurance is:
How many hours of first-aid training will occur? What is the socially optimal quantity of first-aid training?
Your company invests funds in Greece. The company claims that the investment will grow to 10 times the original investment over the next 20 years. The company allows you to invest $200 per month for the next 20 years in this activity. If, in fact..
60% of the youth between 18 and 30 in Detroit are unemployed, have not completed high school, are at various levels of functional illiteracy, without job skills,
Assume that Jill produces the quantity of bouquets you determined in (a). Add up the cost of the last bouquet to Jill and the cost that bouquets imposes on Cooper, and compare your answer to the $6 worth of benefit the last bouquet creates for the..
Nancy Folbre argues that children are closer to being public goods than they are to being pure private goods. What are the major elements of this argument Do you find the argument persuasive. how the costs of children should be borne
How might there be increase in total spending on a child's education in response to providing a fixed level of education?
What is true about a market in which there is a horizontal supply curve - What is the opportunity cost of 1 loaf of bread in terms of gallons of milk?
1) Who is Paul Volker? What is he most known for? 2) Describe the relationship between unemployment and inflation.
Where Q is millions of subscribers What is the total cost function? What is the marginal Cost function?
Explain and evaluate the views of Oliva Sabuco de Nantes on the connection between the mind and the body.
Box office gross is calculated by multiplying the number of tickets sold times the price of the ticket.
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