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You are given the following spot exchange rates: $1 35 francs, $1 45 schillings, and 1franc5 2 schillings. Ignoring transaction costs, how much profit could a person make via three-point arbitrage?
Tina's Bar is a popular drinking establishment. Tina charges a fixed nightly cover fee to each customer to get in the door, and then the same price p for every
Assume increase in government spending. Would the effect on AD be larger if the Fed held MS constant in response or if the Fed were committed to maintaining a fixed interest rate?
In pre-Keynesian economics, it was generally believed that the demand for labor would equal the supply of labor such that unemployment would not be a serious problem. Demonstrate this argument both graphically and verbally.
The average 50 year old worker is paid several times more than workers in the teens and 20's. Older workers have more human capital and higher MRP's Employers engage in widespread discrimination against younger workers Young people lack information a..
What is the percentage change in the effective exchange rate of the United States?
Car Payment $300 what is this person debt payment to income ratio when the full mortgage payment is included?
What is the effect of interest rates on the currency of a nation?
After you watch the video, please respond to the following questions/prompts:
Draw a graph of this households budget budget. Label the intercepts and any kinks (bends) in the budget constraint.
1) Suppose annual monthly murders in Medellin follows a truncated Poisson distribution with a mean of 128 murders per month with a standard deviation of 18. Wha
Imagine what would happen if a vast deposit of high-grade shale oil suitable for fracking was discovered near a small town in the heart of the countryside.
Compare the competitive equilibrium to the monopoly equilibrium in terms of price quantity and welfare. What is the social loss due to monopoly?
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