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Discuss
Many financial newspapers or websites say that the U.S. dollar is the strongest currency in the world. Think about the factors that affect exchange rates, and make a case that our currency should or should not be the strongest. In your opinion, what are the advantages to having a strong currency versus a weak currency?
Presume an economy's output depended on capital (K) and labor (L), and was determined by the function F(K,L) = 50(K^0.7)(L^0.3). Presently, there are 200 units of capital and 600 units of labor. Based on partial derivatives, by much would you expect ..
Do you think that the increase in quantity demanded (say, from 90 to 110 in the table) when price decreases (from $21 to $19) is due to a rise in consumers' income? Explain clearly (and briefly) why or why not.
Definition and explanation of the indices, e.g., GDP, CPI, and other economic calculations
You are the manager of a firm that receives revenues of $60,000 per year from product X and $80,000 per year from product Y. The own price elasticity of demand for product X is -1.5, and the cross-price elasticity of demand between product Y and X is..
Explain the practical effect of price controls on product and service availability, quality and true cost. What is the full impact of rent controls? On whose behalf are they imposed? Who are the winners and who are the losers?
Write a two page essay exploring the intellectual gifts of Islam. In the end, what was Islam's attitude towards the discoveries of ancient scholars and how did that relationship spark the Renaissance?
Show that the shock either increased the domestic wage or decreased the foreign wage, at least relatively. In the years following the shock, what are three (significantly different) policies that the domestic country could employ if it wanted to r..
question 1describe each of the subsequent using supply and demand diagrams.a when a cyclone hits queensland the price
Presume you buy a share of stock for $20 and sell it for 40. Then your profit is $20. If that happens within a year, your rate of return is an impressive 100%. If it takes 6 years, what would be the average annual rate of return on your investment?
What is the welfare loss in the labor market compared to the case where the engineer labor market is competitive?
as a leader you will be solving a variety of problems. based on the research literature you reviewed propose solutions
identify a company in your local area that you would classify as a monopoly. explain why you classified the company as
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