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Problem
1. Does a currency board seem to be a useful, practical arrangement for a country? What factors seem critical for a currency board's success?
2. Under what conditions would the world as a whole be an optimum currency area? Do you think that the industrialized countries should be one optimum currency area and the developing countries another? Explain.
3. "The hybrid systems combining fixed and flexible exchange rates are merely ways of avoiding having to make a choice between a fixed rate and a flexible rate. These systems invariably involve the ‘worst of both worlds.' " Discuss.
If the AD shortfall is $500 billion and the MPC is 0.9 a) How large is the desired fiscal stimulus? b) How large an income tax cut is needed?
The introduction to ISO 27002:2005 includes this statement: "This International Standard may be regarded as a starting point for developing organization-specific guidelines. Not all of the controls and guidance in this code of practice may be appl..
Identify and briefly describe four trends in the macro/marketing environment that will have or recently had an influence on the given industry
Another word for standard of living is output per person. How has China raised its output per person in the last two decades? Are these methods applicable to the United States?
Account for the effect of the two proposed fiscal policy actions in the short run and long run. This includes a description of the consequences of relevant macroeconomic variables.
suppose the following are national accounting data for a given year for malaysia hypothetical
What are the highest and lowest payments from the writer that the beekeeper- farmer team will accept for the sixth day?
Assume an economy in long and short run equilibrium in the Aggregate Deamnd/Aggregate Supply model. There is a sudden drop in consumer confidence in the solvency of pension funds. Explain, with support from a graph, how this is shown in the AD/AS ..
The agricultural market for corn usually can be characterized as a purely competitive industry. How might the following events affect the shot-run cost curves and output for a firm in the industry?
Define the Relating to the situation in which the percentage change in price and quantity demanded are the same.
Doing business in Africa and what opportunities are there in Africa? What advantages is there to the company? What drawbacks or risks?
What is the maximum per unit that sellers are willing to pay intermediaries if hiring them saves $8 transaction costs?
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