Trade and production

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Q1. Explain the effects of the increase in global demand for cell phones on the market for cell phones and on an individual cell-phone producer in the short run?

Q2. Suppose you purchase a three year, 5% coupon bond at par and held it for 2 years. Throughout that time, the interest rate falls to 4%. Calculate your annual holding period return.

Q3. Economists argue that the move from barter to money increased trade and production. How is this possible?

Reference no: EM136874

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