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For each of the following three scenarios, state whether the value of the dollar will appreciate, depreciate or remain the same relative to the Japanese yen?
(a) Inflation is higher in the U.S than in Japan
(b) Japan imposes new restrictions on the ability of foreigners to buy Japanese companies and real estates,
(c) The Fed announces that interest rate in U.S will be lowered
What are your thoughts on tort reform, more specifically setting caps/limits (ceilings) on jury awards/verdicts in tort liability cases. Class action cases? Corporate liability cases? Is this a good idea? Who would lobby for these caps? Who DOES lobb..
Across the three social media options, which of the four measures is likely to have the greatest impact on the success of the branding campaign.
Consider an environment where an agent could be either employed E or unemployed U. Let’s normalize E + U = 1, so that E and U are interpreted as the fraction of people employed and unemployed at any given point in time, respectively. What is the prob..
A firm suggests that they and their competitors (oligopoly) lower their production to limit supply and increase price. Thinking about the kind of game this is...would it be a Bertrand or Cournot; would it be finitely or infinitely repeated and would ..
A nation whose interest rate is rising more rapidly than interest rates in other nations can expect the international value of its currency to appreciate.
The monthly market demand curve for calculators among economics students is given by P=100-2Q, where P is the price per calculator in dollars and Q is the number of calculators purchased per month. If the Price is $30, how much revenue will calculato..
The bicycle industry is made up of 100 firms with the long-run cost function c1(y) = 2 + (y^2)/2 and 60 firms with the long-run cost function c2(y) = (y^2)/10. No new firms can enter the industry. What is the long-run industry supply curve for prices..
If a producer offers a price that is below a consumer's valuation of the good, the consumer:
If typographical errors occur andomly, about how many pagesin book have three typographical errors. What is the median number of typographical errors per page.
Assume the demand function for basketballs is given by QD = 150 −3P + 0.1I, where P = price of a basketball, and I = average income of consumers. Also, assume the supply of basketballs is given by QS = 2P. If the market for basketballs is perfectly c..
Explain the concept of opportunity cost as related to the doctor in the Khan Academy video who gave up his profession to open a business.What other factors do you think the doctor may have considered when he decided to leave his profession to open a ..
Elucidate the evidence that supports these recommendations and how your recommendations might need to be modified for the alternative economic futures
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