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Q. Suppose that social statistical data on two macro indicators were just released in the US. The price growth for past month proved 2.5% while market participants expected it to be 2.1%. The new number of claims for unemployment was 30,000 compared with 25,000 expected by the market. a. What will be a response (if any) of the US dollar exchange rate against the euro? Why? What assumptions do you make with regard to the behavior of the European Central Bank and/or the US Federal Reserve?b. Suppose that only data on claims for unemployment were published but not on action. What would be a reaction of the USD/EUR in that case? Why?c. Suppose that only data on in action were published but not on claims for unemployment. What would be a reaction of the USD/EUR in that case? Why?
How much will total output increase in terms of percent? What happens to the rental price of capital? What happens to the real wage?
Economists discuss that there is an efficient amount of pollution abatement. Why is the efficient amount of abatement unlikely to be either zero or 100 percent?
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a competitive industry is comprised of 15 identical firms, each with a short-run total cost function
Without further use of Excel, illustrate what is the probability (in %) that a randomly selected orange will contain less than 4.2 ounces of juices?
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