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Exchange Rate
Examine the effects of a change in the money supply in an open economy under a flexible exchange rate system. How are your conclusion affected by the adoption of a fixed exchange rate?
As all points on a contract curve are efficient, they are all equally desirable from a social point of view.
What are the advantages of Fed increasing interest rates if the GDP gap is positive?
Two identical firms face linear demand. Market demand is given by P=30-Q.Solve for Stakelberg equilibrium prices and outputs.
Assume the U.S. government determines that cigarette smoking creates social costs not reflected in the current price of cigarettes in the market
Show how to find equilibrium in an RC model? What is the relationship between the marginal rate of substitution between leisure and labor and the marginal product of labor in the RC model.
Illustrtae what are the primary advantages and disadvantages of acquiring inputs through this means? Give an example that uses this method of procurement.
Explain why is it wiser for the government to put a sales tax on a good that is demand inelastic than on one that is demand elastic.
the size of the governments debt and the size of the budget deficit indicate potential problems for the economy.
In the months of preceding the expiration date, bargaining teams for the UAW and General Dynamics met to negotiate a new contract.
How do you think each of the following affected the world price of oil? (Use demand and supply analysis.)
You are told to produce a quantity that maximizes profit. How many units do you produce and what is your profit? How many machine and labour hours are used in production?
Explain by how much should domestic automakers raise the price of automobiles if they wish to increase sales by 5 percent next year?
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