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Explain breifly the factors that explain why the $A rose from about US75 cents in 2005 to above parity to the $US in 2008 and now in 2011.
Illustrate what factors might explain why the $A went so low when the Global financial crisis hit the world economy in late 2008?
Discuss (and explain) how the rise of the $A has impacted on each of the following:
• Resource exports
• Non-resource exports
• Imports
• Domestic manufacturers/tourism
• Profits and hence tax revenues
David black, representing the management of the automobile manufacturers disagreed with McDonald's assessment. Black cited studies that indicated price elasticity's ranging from 0.5 to 1.5.
Firms are competing by choosing prices. Suppose that every firm's marginal cost is zero.
English is becoming the usual language for international transactions, even if the language of neither country is English.
Chief Executive Officer (CEO) Pay There are several possible methods for determining the pay of CEOs in large corporations.
when buying a car the seller suspects you have an ELASTIC demand
Show graphically the effect on the supply and demand for Bonds in a deflationary period.
In current decades, women have worked more hours in paid jobs also fewer hours in up paid housework.
Review the biographies of each of the seven members of the Board of Governors.
Illustrate would be the effect on D' of decreasing the variable cost per unit by 25% if the fixed costs thereby increased by 10%.
Can you tell whether this firm is in a competitive industry. If so, can you tell whether the industry is in a long-run equilibrium.
An economic system, in which economic decisions are controlled by the internal interaction of supply and demand, is known as a Illustrate what.
Which system would be accompanied by occasional currency interventions by central banks to stabilize or alter rates to avoid persistent balance of payments deficits or surpluses.
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