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Historically, the international monetary fund has been strict monetary policies and reduced government spending for developing countries that sought aid in dealing with currency crises. Consider the wisdom of the IMF's approach. Was it effective? What possible repercussion are there to this approach? Suggest ways in which the IMF might change its approach in the future. Consider the implications of your suggestions for international business.
This link is relevant to a broad audience, so the company contracts with an internet platform that promises to show the link to 10,000 people.
"In the last 5 years the largest source of government revenue has been from individuals and the largest single category of federal government spending has been on individuals." Do you agree? Why or why not? Be sure to provide, where possible, specifi..
When free trade increases market competition, what happens to the ability of a firm to set high prices? What about when trade restrictions are imposed?
The equation of exchange is an identity that relates the money supply, velocity, the price level, and real output. An identity is something that is true by definition.
A TV manufacturing company estimates that when TVs are sold for x dollars a piece, consumers will bu 8000/x TVs each week. The company also determines that profit is maximized when the selling price x is 1.4 times the cost c of producing each unit. H..
The local Audubon Society has just put a new bird feeder in the park at a cost of $500. The feeder has a useful life of 5 years and an annual maintenance cost of $50. Fred, was very impressed with the project. He wants to establish a fund that will m..
Nebraska’s Neat-O Grocery Store is a chain of 100 large grocery stores. Annually NNG receives 500 complaints regarding dents that customers receive on their vehicles from grocery carts in the parking lot. The grocery carts are used carelessly by cust..
A proposal has been advanced to limit advertising of pharmaceutical prices to prevent unfair pricing by national chains. You estimate that limits on price advertising will change the price elasticity of demand from -5.63 to -4.43. From the pharmacist..
Suppose that the demand function in a competitive market is given by D=100-1/2P. Sketch the demand curve on the price-quantity plane, using axes labels commonly adopted in economics. Use definite integrals to find the consumer surplus when the market..
1) Annual dividends of AT&T Corp (T) grew from $0.82 in 2000 to $1.31 in 2012. What was the annual growth rate?
Let the consumer begin in utility maximizing equilibrium at point A on indifference curve I. Next the price of good X changes so that the consumer moves to a new utility-maximizing equilibrium at point B on indifference curve II. Write the linear de..
“The Philips curve and the aggregate supply curve are two sides of the same coin.” (Mankiw P. 406, 8th Edition). Suppose the natural rate of unemployment is 6% and the expected rate of inflation is 5%. On a single graph, draw the short-run and long-..
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