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The payment of veterans benefits to U.S. servicemen retired in the Philippines would be included in ________ section in the calculation of the U.S. balance of payments.
A) only the capital account
B) both the capital account and the transfer account
C) both the current account and the transfer account
D) both the capital and the current accounts
Your buddy Gabe owns a sports restaurant/bar in St. Louis. On a recent visit, Gabe shared the following information on his annual revenue and costs: Assume that Gabe has a standing offer of $70,000 to manage another bar in St. Louis. Calculate Gabe’s..
Explain how you would calculate the price elasticity of demand of gasoline? In general terms, explain how consumer and producer surplus will change as a result of this price increase?
What are the major causes of currency crises, and how can countries prevent these types of crises? What should be done if a crisis occurs? Use the interest rate parity model of exchange rate determination to explain what policies should be followed d..
Which determinant of demand changes in the personal Computer marketplace as more persons become interested
Jim Vendors is viewing about manufacturing a new type of electric razor for men. If advertise were favorable, he would get a return of $100,000.
A movement upward and to the left along a demand curve is called a(n)
Illustrate what has been happening to wheat prices and what is likely to happen to wheat prices over the coming months.
Julon Petro Materials, Inc. ordered $8.5 million worth of seamless tubes for its drill collars from the Timken Company of Canton, Ohio. (A drill collar is the heavy tubular connection between a drill pipe and a drill bit.) At 10% per year interest, w..
Illustrate what management-financial considerations would required to be considered. Elucidate why the firm's short run production has only one ‘rational' stage of production.
The Prestige Office Equipment Company produces and sells different types of office furniture. One of the important items it sells is a high quality desk. Assume the variable unit cost per desk in the coming year will remain the same. Evaluate the pro..
Suppose a wage increase from $25 to $27 an hour increases the number of job applicants from 52 to 66. Illustrate what is the price elasticity of labor supply.
A firm in Perfect Competition has a Total Cost Function: TC = 6Q^2 - 8Q + 12 with a current P=$6. What is the current Quantity and Profit or Loss? Will firms enter or leave the industry? What will be the long run Price and Quantity?
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