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1. Which two basic concepts do we consider when examining institutions? Please explain briefly.
2. What is the Bretton Woods system? How did it affect the American economy in the early days? When did it end? What are the positive and negative aspects of this system? With which event do we explain the end of the system? Explain briefly?
3. What year and event does the post-Bretton Woods era begin with? In this new period, briefly discuss the IMF and the World Bank in terms of legitimacy, efficiency and reliability. Emphasize the importance of institutions' legitimacy status in this analysis.
4. List the main partners of international capital markets? Briefly explain the function of each.
5. Why was offshore banking created in the first place? What are its functions? What are the types? Please explain briefly.
6. Give information about Basel applications. What are their aims?
7. How is Fiat currency created in the monetary system we are in? Explain briefly?
Given diminishing returns to study time, why devote any extra time to study? Why is the concept of diminishing returns important for a business?
New product development involves various steps. Discuss the steps involved in the process. What strategies can companies adopt to improve the chances
Using graphing function on TI-83/84 Explain how price supply and demand are equal. At this price, explain how many tickets will be supplied and sold.
Is there any range of production characterized by scale of economies. At Illustrate what production level are scale economies exhausted.
Are you for or against free trade? Are you for or against NAFTA? What is the economic basis for trade? Explain the underlying facts that support free trade and give an example of a good that you purchased recently that is based on resource difference..
Would discovering a large oil reserve affect the AS curve for the long-run, short-run, or both? Explain.
What is the firms revenue function? Graph this function. Give a plausible reason why a firms demand might look like this.
What if we were to change our perspective on the money spent on education from one based on costs to one based on benefits. Does anyone have any knowledge of what is the life-long earnings for individuals with differing level of education?
a. What are excess reserves? b. How can reserves be converted into faster money growth?
Suppose that a small town has seven burger shops whose respective shares of the local hamburger market are (as percentages of all hamburgers sold): 23%, 22%, 18%, 12%, 11%, 8%, and 6%. If the top three sellers combined to form a single firm, what wou..
What is the effect on the government's budget balance? What happens to net exports? Can you explain why the change in net exports less than the decrease
Determine the demand function and inverse demand function for good X. Graph the demand curve for good X.
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