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So now that you’re experts on international macroeconomics, you might find interesting looking at nations that run current account surpluses, for example, Germany, Japan, and China. Rather than give you the FRED codes, however, I’m simply going to instruct you to graph annual current account balances as a percentage of GDP for Germany, Japan, and China. The beginning year should be the earliest year of the series with the latest beginning date, which is China, not surprisingly. (You’ll have to type in whatever words you think are key and then search among the alternatives for the appropriate series.)
What trends do you notice? Which one of these series appears unique? Might that be a problem?
Do economic events affect presidential elections. to test this so -called political business cycle theory. Elucidate what is the expected sign of X.
Assume that a piece of equipment has a replacement cost of $10,000 and an 8-year life. Calculate its annualized cost at an interest rate of 15%. Show your calculations.
We have spent so much on our present office that we cannot afford to waste this money by moving now." Estimate the second partner's advice not to move downtown.
q. if the price elasticity of demand is 1.5 and a firm raises its price by 20 percent the quantity sold by the firm
The short-run Phillips curve illustrates ________ relationship between the unemployment rate and the inflation rate.
Jim Range has to choose between buying more soda or more pasta for the week. He has a fixed income and he knows the prices of both products. Using indifference curves and budget constraints, illustrate the amount of soda and pasta that Jim will purch..
Draw the Cost effectiveness Frontier - What concept can you attribute this change in treatment choice before and after insurance? Explain.
Provide an example of income effect and substitution effect in regards to supply of labour. Illustrate what is opportunity cost of work in this case
Suppose vehicle is introduced into a central business district (CBD), doubling speed of travel for information exchange. Who financially benefits from innovation.
Profit max level of output. Quantity firm will minimize average total cost. Illustrate at what price will y shut down.
Which of the following government actions promotes monopolistic behavior?
Suppose that the nominal rate of interest is holding steady at 8 percent even as the anticipated rate of inflation rises.
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