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If the US inflation rate becomes high relative to Canadian inflation the following outcomes will occur for the scenarios listed - a) The demand for Canadian dollars will increase; b) The supply of Canadian dollars available for sale in the market will decrease; c) The value of the Canadian dollar will increase Assuming all other things remain equal. Is not the converse true? Given π = m + v - y, and given that the situation shows no evidence of a change in the rate of velocity or of national income, an increase in inflation reflects a direct increase in nominal money supply, m. Correct?
Use a supply-demand graph to demonstrate how the quantity and price of medical services are expected to be affected if we went from a world without insurance to a world where the government covered 90% of all medical costs. Assuming that prices are s..
If market inverse demand is p(Q)=a-bQ and the firm produces according to TC(Q)=cQ+dQ2, determine the firm's optimal quantity, price and profit level. (Assume that a,b,c,d >0.) What conditions on b and d must hold in equilibrium?
q.suppose there is a business firm that holds a global monopoly on a particular product but is currently selling the
Tomas quit his job at the Tri-City bank where he earned $50,000 a year to start his own businesses, a bank marketing company. He estimates his entrepreneurial talent or forgone entrepreneurial income to be $5,000 a year. What was the accounting profi..
lisa has a linear budget constraint and typical convex indifference curves associated with food and "all other goods." suppose that lisa is given $50 worth of food stamps, which can only be used for food, Draw lisa's budget constraints, with an witho..
With the signing of NAFTA in 1994, the U.S.A., Canada, and Mexico entered into a trade agreement that had the potential to be much beneficial to all parties. Who was opposed to this free trade agreement? What were there reasons for being against it? ..
q1. use the suitable formulas to create 2 new columns for total profit as well as profit margin correspondingly.
Suppose bad weather decreases the wheat harvest by 12 percent. If the price elasticity of demand for wheat is 0.6 in absolute terms, how would the crop failure affect the price of wheat? Would the crop decrease benefit or harm wheat farmers?
A mine purchased for $3.5 million has a total expected yield of one million ounces of silver. Determine the depletion charge in year 4 when 300,000 ounces are mined and sold for $30 per ounce using (a) cost depletion, and (b) percentage depletion. (c..
An agribusiness firm may undertake three alternatives: The Stinson family owns a farm in Amarillo, Texas. Three alternatives for how to use the farm:
For decades the U.S. has been a major manufacturer of the World consumer goods. Nowadays, many items we buy from the United States are made in China. What are the economic implications of this practice to both countries?
q1. to start this thread do some web research on a company which interests you and which is publicly traded in some
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