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In 2001 the government of Anchovy collected receipts of $100 billion and had expenditures of $125 billion. Its GDP was $400 billion. The government's deficit was what percent of GDP in 2001?
A) 6.25%
B) 12.50%
C) 25.00%
D) 100.00%
Describe how portfolio managers use financial swaps to control their risk exposure. Explain how both parties in an agreement can benefit from a swap.
Illustrate what did classical economists assume about the flexibility. What disagreements did Keynes have with classical economists.
Analyze the economy of at least two countries (not the U.S.) - How do the economies of the countries you selected compare to the U.S.?
Elucidate why this strategy may, in fact, be rational. Also, identify at least two other strategies that might permit Argyle to earn higher profits.
Let's consider the effects of inflation in an economy composed of only two people: Bob, a bean farmer, and Rita, a rice farmer. Bob and Rita always consume equal amounts of rice and beans.
It is well documented that carbon monoxide emissions from combustible engines increase in colder climates. This implies that associated damages are expected to become less severe in summer months than in winter.
Suppose the costs also benefits incur at the end of the year, should the city buy the trucks.
The Internet boom of late 1990s was hailed as the four advent of a new economy: that would radically alter the face of business companies. By 2002, however, it was clear that new economy had not arrived on schedule.
Testifying at a price fixing trial involving Cargill Corp. and the market for chicken growth hormone, (in which the Cargill is one of only three firms worldwide), an executive for Perdue said
a security paying $ 80 0ne year from now and $ 1080 two years from now, for which you pay $1,050 today ?a security paying $ 50 every six months for the next five years (beginning six months from now), plus the return of the face value of $1,000 at ..
Explain carefully in terms of production theory why it might be that no amount of "cracking down" can increase worker productivity at CF&D.
The complete lung-run model for exchange rate determination posits that changes in the nominal interest rate also affect the exchange rate (E). Recall that the complete model combines the QTM, PPP and the Fisher effect. The simple lung-run version..
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