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In the presence of “foreign repercussions,” why is the multiplier for an autonomous increase in home country exports smaller than the multiplier for an autonomous increase in home country investment? Explain in economic terms.
Compute Opulenzas current account. Is CA a deficit or a surplus. Explain intuition for C4 deficit/ surplus in terms of savings in Opulenza, financial flows and its domestic/external wealth position.
What are some of the major opportunities and threats that the US faces as the world becomes one global marketplace? How do we take advantage of them and how do we deal with the downsides?
What is the particular form of money (M1,M2, etc.) that would be the smallest measure that includes the type of money described in the article. (For example, if the article is about cash, write "M1." Although all other forms of money include cash, M1..
Determine whether the following transactions involve spot exchange, contracts, or vertical integration. Explain.
The movement to free international trade is most likely to generate short-term unemployment in which industries?
Using diagrams for aggregate expenditures (AE) and aggregate demand and supply (AD-AS), show the short run effects each of the following scenarios has on the relevant economy. Be sure to identify the cause of any shift or movement along AE, AD, and/o..
Suppose that business buy a total of $120 billion of the four resources (labor, land, capital, and entrepreneurial ability) from households. how much in revenues do businesses receive in the product market?
q1. what is the adam smith statement about invisible has well as by m. parkin book micro economics?q2. why is it
Pegging Interest Rates. Suppose the Federal Reserve wanted to fix, or “peg,” the level of interest rates at 6 percent per year. Using a simple demand- and -supply graph, show how increases in money demand would change the supply of money if the Feder..
Illustrate what price should the firm charge to realize the targeted profit. Illustrate what would be its (cost-based) markup ratio.
From 1978 to 2011 China's economy grew at an extremely high rate. A number of reasons have been cited as source of this growth rate. Given those reasons which economic growth model, do you think would be best in explaining the growth of China. You ca..
Your income rises from $1,000 a year to $10,000 and your purchases of beer increase from 10 to 20. Assume a linear relationship between income and quantity demanded. What number below most closely approximates your income elasticity at income equals ..
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