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Economists frequently point out that factor movements between two countries can be a substitute for goods movements between the countries in terms of the impact on relative factor prices in the countries. Explain why the two types of movements can be substitutes.
You have been pondering opening a food cart, as one does in Portland. You will only be open for lunch and expect to charge $6.5 per meal. Food carts usually have a 5X on food costs so you expect to charge five times the food cost. What is the highest..
If a firm is losses money, it might be enhanced to stay in business in the short run. Is this statement ever true.
Using a required reserve ratio of 10% and assuming that banks keep no excess reserves, what is the value of government securities the Fed must purchase if it wants to increase the money supply by $2 million?
The demand curve for cookies is downward sloping. When the price of cookies is 2 dollars, the quantity demanded is 100.If the price rises to 3 dollars, what happens to consumer surplus?
The operating instructions issued to the European Central Bank is to use monetary policy to focus entirely on targeting the inflation rate. If it follows those rules what would it’s Taylor rule equation look like? Be specific.
A person you trust asks you to loan them $2,000 at the end of year 1, $1,000 at the end of year 2, nothing in year 3, and then they will pay you $1,000 in year 4, $2,000 in year 5, and $3,000 in year 6. If you make 12% per year on your investments, d..
suppose there is a sudden and permanent decline in potential GDP. Describe the behavior of prices, output, interest rates, consumption, investment, and net exports.
q. 1. when discussing the maximization of utility regardless of whether you chose to work more hours or fewer when
Why did people believe the difficulties Aisian economies were expericing in 1997-1998
______An organizational form that is based on direct lines of authority from the top executive to the lowest level of employees is called
q.suppose that a banks customer deposits 4000 in her checking account. the required reserve ratio is 0.25. what are the
Describe some of the factors needed to reengineer corporate thinking that Southwest Airlines already exhibits. What specific elements of a corporate entrepreneurial strategy are apparent within Southwest Airlines? How was Herb Kelleher instrumental i..
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