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1. What are the main possible impact of the BRICS bank for the U.S. dollar and explain why?
2. How would these consequences affect the world economy?
3. What is the position of the international organizations with the new BRICS bank and why?
At the end of 2012 the prestigious Rolex watch manufacturer had in inventory of watches worth $725 dollars. In 2013, Rolex produced $333 worth of watches and sold $260. What was the change in inventories in 2013? (Hint: careful with the signs, rememb..
Eight friends ate at a restaurant and agreed to share the bill equally. Because Judi forgot her money, each of her seven friends paid an extra $2.50 to cover her portion of the total bill. What was the total bill?
The demand equation for a cola-type soft drink in general is Q = 20 -2P, where Q stands for quantity and P stands for price. Calculate point elasticities at prices of 5 and 9. Is the demand curve elastic or inelastic at these points? Calculate arc el..
The following equations are the market demand and supply schedules before the imposition of a per unit tax. (Qd = quantity demanded, Qs = quantity supplied, P = price) Assume there is an imposition of a $2 per unit tax on producers. Graph the supply ..
A local car dealer is advertising a 24-month lease of a sport utility vehicle for $520 payable at the beginning of each month. The lease requires a $2,500 down payment plus a $500 refundable security deposit that is refunded at the end of the 24 mont..
q1. sprint prior to spinning the businesses off to concentrate on cellular phone service provided both local and long
Ray’s Radios believed the synergies between radio production and battery production could be realized if he expanded. However, due to overseeing the battery expansion Ray devoted less time to the radio business leading to the radio unit costs increas..
From an economic standpoint, the pursuit of a zero-pollution environment is
You have a comparative advantage in producing something when you;
Each station's objective is to maximize its viewing audience, in order to maximize the station advertising revenue.
Based on the NYT article offered below about natural gas fueled long-haul trucking, use the market model (the supply and demand model) to predict what would happen to the equilibrium price and quantity of natural gas, crude oil, and gasoline. After c..
Compute the inventory for this department as of January 31, at Retail. Compute the inventory using lower of average cost or market.
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