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Will the following be demanders or suppliers of US dollars in the foreign exchange markets
a. US tourist in France
b. French tourist in the US
c. Russian citizen buying US stocks and bonds.
Attempt to briefly explain the great recession according to each of the following four business cycle theories:
Write a two-page essay in which you address the issues outlined above. Format your essay in a Word document using Times New Roman 12-point, one-inch margins and double spacing.
You need some garbage bags for your house and decide to stop by one of the local dollar General (DG) you are face with two alternatives
Identify which of the following are discrete decisions and which are extent decisions and provide explanation. What discount should be given on products during the upcoming holiday sale? How should you do it? How should the profit generated from the ..
ACNE Corporation currently has a 20% market share in a $15 billion industry (measured by sales revenue). EMCA Corporation currently has a 17% market share in that same industry. What is the sales revenue for each corporation?
Suppose that an individual maximizes u(x,y)=x1^a x2^b (α, β > 0) subject to the budget constraint p1x1 + p2x2 = y. Solve for x1 and x2 (the optimal values of x1 and x2, which are the demands for x1 and x2) Are x1 and x2 , normal or inferior? Does dem..
Explain what is meant by price floors and price ceilings. What are the consequences of a) a price floor that is higher than the market equilibrium price; b) a price ceiling that is lower than the market equilibrium price. Demonstrate your answers gra..
Consider the Rubinstein bargaining model of dividing $1 between A and B. A makes the first offer. If B accepts the offer then game ends. If B rejects the offer then B makes an offer to A in the next day. Suppose the bargaining game lasts for 4 days. ..
Imagine that you are elected the Chairman of the Fed and your goal is to keep both unemployment and inflation under control. This means that unemployment should be at its natural rate (e.g. 5%) and inflation at/around 2%. Can you achieve the two goal..
If is 0.3, what weight is applied to the observation four periods ago?
A semiprofessional baseball team near your town plays two home games each month at the local baseball park. The team splits the concessions 50/50 with the city but keeps all the revenue from ticket sales. Fill in the blanks The team earns $....... in..
If the demand equation is given by Qd=10-P and the supply equation given by QS=P then the value of the consumer surplus is equal to what?
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