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Suppose Russia's GDP increases at a faster rate relative to its trading partners over the course of the year. What will be the immediate impact on Russia's balance of trade?
increase
decrease
remain constant
cannot be determined
What are the advantages of buying a business rather than starting one from scratch? What are the advantages and disadvantages of owning a franchise?
Which of the following terms best describes a contract that guarantees an agent some payment, but provides enough incentive so that the agent does not shirk?
Suppose that after five years consumer spending doubles to 400. Explain how much do you believe will be the budget share of leisure.
“The Philips curve and the aggregate supply curve are two sides of the same coin.” (Mankiw P. 406, 8th Edition). Suppose the natural rate of unemployment is 6% and the expected rate of inflation is 5%. On a single graph, draw the short-run and long-..
Given our still currently high unemployment rate (by historical standards) and low inflation rate, argue "for or against" a Supply-Side policy focus versus a Demand-Side policy emphasis.
Compute the expected return on portfoliob) compute the standard deviation of the returns on the portfolio assuming that the two stocks returns are perfectly positively correlatedc) compute the standard deviation of the returns on the portfolio assumi..
Purely competitive wheat farmer can sell any wheat he grows for $20 per bushel. His five acres of land show diminishing returns because some are better suited for wheat production than others. Use the table below to answer the following questions. Ho..
Export Development Canada (EDC) provides insurance to Canadian exporters for their accounts receivable from foreign buyers. If EDC charges an insurance premium that reflects the average level of risk of the exporting firms, it is only the most risky ..
What statistics and linear algebra book do I need before reading Hayashi's Econometrics? Basics linear algebra book seems too simple for the linear algebra part, and Casealla's statistical inference is missing out detail/too basic for the statistical..
As a result of the American workers' ability to sell their labor though a union, profit-making firms must pay wages:
The marginal propensity to consume is equal to 0.80. An increase in household wealth causes autonomous consumption to rise by $10 billion. By how much will equilibrium real GDP increase at the current price level, other things equal?
A used car parking lot has the following deal on a $23,000 car. Zero down and $385 monthly payements for 70 months. What is the monthly rate they charge? Draw a cash flow diagram
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