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Answer each question in this part with TRUE, FALSE, or UNCERTAIN.
Provide a brief but clear explanation for your answer.
Q1: The portfolio and short-term capital inflow make the India currency more vulnerable to external shocks.
Q2: The Asian currency crisis in 1997 started in Thailand and had a contagious effect on the economies of India and China.
Q3: "Chinese economy is constrained by demand and the Indian economy is constrained by supply."
Q4: The Hong Kong economy has been propelled principally by Kirznerian entrepreneurship
A company manufactures smartphone microprocessors whose cost function is given by C=6X+9, where X is the number of microprocessor chips. The selling price per unit is P=30-3X and maximum output of the plant is 30,000 units per month. Determine the op..
What are the economic constraints firms of different sizes encounter?
How may you apply what you learned about supply and demand from the simulation to your workplace or your understanding of a real-world product with which you are familiar?
An economy uses only labor as input to produce two goods, A and B. If its production possibilities frontier (PPF) of two goods is a negative-sloped straight lin
Can a government achieve a low inflation rate and low unemployment?
You are short 30 gasoline futures contracts, established at an initial settle price of $7.62 per gallon, where each contract represents 42,000 gallons. Your initial margin to establish the position is $13,875 per contract, and the maintenance margin ..
What implications does Gordon see for likely changes in retirement and demographics in terms of living standards and productivity? Provide an example of how the doctrine of seperation of powers can affect an international business transaction.
How much does Alden's improvements add to the GDP this year.
How does an Edgeworth box work, and how do you solve for optimal allocation between two consumers? How do you derive marginal utilities for a consumer with preferences which result in perfect complement curves?
Basil Robekins has an idea for a new type of ice cream cone made from candy bars (like Butterfinger, etc.). He thinks his normal customers will buy more often because they can pick and choose from over 31 different candy bars and won't get bored with..
A bank account pays 12% nominal interest with quarterly compounding. A series of deposits started with a deposit of $5,000 on January 1, 2012. Deposits in the series will occur each six months. The last deposit in the series will occur on July 1, 201..
Which of the following is the primary disadvantage of producing inputs within a firm?
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