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In 1990, the GDP of Canada was $680 billion as measured in Canadian dollars, and the exchange rate was that $1 Canadian was worth 85 U.S. cents. In 2000, the GDP of Canada was $1000 billion as measured in Canadian dollars, and the exchange rate was that $1 Canadian was worth 69 U.S. cents. By what percentage did the GDP of Canada increase from 1990 to 2000 in Canadian dollars?
Consider a temporary oil price increase. Using the AD-AS model (with a Keynesian perspective), answer the following questions. In the absence of any policy intervention, what will happen to prices and output over the short- and long-run? Could the Fe..
Determine whether demand is elastic, inelastic, or unit elastic with respect to its own price and whether Good Y is a substitute or a complement with respect to Good X.
Expansionary Fiscal Policy relies on changes in tax collections and government spending to achieve a non inflationary level of employment. Given this definition what actions and projected consequences did President Obama enact to realize this goal.
From the coefficient of multiple determinations, you cannot detect the strength of the relationship between Y and any individual independent variable.
What is the doctrine of supremacy? Is corporate formation usually governed by state or federal law? Why are courts permitted to be flexible, and how do they do it, if they re required to follow precedent?
Suppose Nia's utility function is given by the equation U(PC, SM) = 10PC+ 20SM. What combination of PC and SM should Nia buy to maximize her utility? What is the level of utility?
why the enrollment in colleges also universities increases at times of economic recession
Distinguish among a product idea, a product concept and a product image. 300-500 own words Essay format
"The cost of a bushel of wheat, which was $3.00 last month, is $3.70 today. The demand curve for wheat must have shifted rightward in last month and today." Discuss
In the pea population under study, p = 0.50 and q = 0.50. You count the plants for their flower colors and find the following numbers:
In what ways might the selected company create a benefit externality? In what ways might it create a cost externality? How might the government respond to the externalities created by the selected company?
A country has a fixed exchange rate and pursues and expansionary monetary policy. Explain, in word, any symbols what will happen. How is external balance affected? Is monetary policy effective?
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