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Distinguish between
a. Intermediate goods and final goods
b. Net domestic product and Gross national product.
c. Factor income and transfer income
When most consumers and firms reduce spending only because they expect other consumers and firms to reduce spending, and a recession results,
At the moment, the market is completely ignoring things like record U.S. trade deficits and the widening current account deficit. It is also largely ignoring the possibilty of Fedral reserve rate cuts.Traders and investors are insted focusing only..
The UK entered the European Exchange Rate Mechanism (ERM) in October 1990 at 2.95 Deutsche mark per pound and agreed to keep the pound within a range of ±6% against other member currencies of the ERM.
Explain and estimate the price elasticity of demand for a good or service of your firm, or a firm of interest to you. Estimate the price elasticity of demand by guessing at the effect of a 10 percent price change on the sales level.
The demand for money in a country is given by, Assume that the money supply is set by the central bank at $1,198,000. Determine the equilibrium interest rate.
As the United State dollar appreciates in value relative to the Japanese Yen, what happens to the price of United State goods in Japan? What happens to the price of Japanese goods in United State?
1. If you had the power to eliminate tariffs on sugar cane and subsidies on biofuels, would you do it Why or why not Would you consider this an ethical stance, why or why not
"From 1950 to 2000, manufacturing employment as a percentage of total employment in the US economy fell from 28% to 13%. At the same time, manufacturing output experienced slightly more rapid growth than hte overall economy.
Suppose the effect of monetary policy on the exchange rate value of the dollar. Estimate the effect of expansionary monetary policy on each of the following.
When the beer arrived it was found to be flat and Paddy's rejected it. Paddy's Pub could not find another source to buy the same beer for the same price. Paddy's was forced to buy the beer from another source at $55 per keg.
Alu City is a manufacturer of aluminum products for building industry and has experienced a high growth rate due to an increased demand. The corporation shares are currently being traded at 410 cents each share.
Discuss and explain the advantages and disadvantages of having one world currency. There are many trade agreements around world which involve many countries.
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