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Question: Go to the CBRT's website and plot USD / TL (TL per Dollar) effective nominal exchange rates since 2010. Is Turkish lira appreciating or depreciating? Can you relate the behavior the exchange rate to movements in in?ation in the past 10 years? If so how? What about effective real exchange rate? Explain the mechanism clearly.
Can the regression that you suggested in response to given problem be used to estimate the effect of gender on an individual's earnings? Can that regression be used to estimate the effect of the national unemployment rate on an individual'..
Can we ignore the profit maximization rule in favor of sustainability? Or do we simply end up with more tradeoffs/decisions?
1.) D = 150 - 5P, S = 30 + 2P Where P is the price of coffee, what is the quantity of coffee bought and sold at equilibrium?
The interest rate is tied to the economy. Based on your opinion, will the economy grow or recede for the rest of 2011 and 2012? Will the pace of growth (or recession) fast or slow? The current interest rate is very low. Do you think the interest rate..
While the location of the most advanced region or nation varied over time, this was merely change within an overall system which, can for purposes of global economic comparison with other empires and regions, be treated as a unity." Critically di..
The following graph shows the supply curve for a group of sellers in the U.S. market for Blu-ray players (orange line). Each seller has only one Blu-ray player to sell. The market price of a Blu-ray player is shown by the black horizontal line at ..
What is the meaning of economics of scope? How do they differ from economics of scale?
FYI: Milton Friedman, who passed away in 2006 in California, was a professor of economics at University of Chicago for many years. He was awarded the 1976 Nobel
Explain how one might interpret periods where these measures are significantly different from each other as periods during which supply shocks occurred.
Suppose a firm has total cost function given by TC(Q)=10Q+70. What are its marginal costs when producing 10 units of output?
Explain why the Aggregate Supply curve becomes increasingly steeply sloped at levels of RGDP near "full employment" and becomes especially steeply sloped beyond "full employment" RGDP (hint: this topic is not discussed in your text. you will need ..
Draw the decision tree associated with these scenarios and If Nadège is risk neutral, what investment will she choose
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