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Question: In Munich, a bratwurst costs 5 euros; a hot dog costs $4 at Boston's Fenway Park. The euro/dollar exchange rate is $1.05/per euro (1 euro = $1.05 US).
a. What is the price of a bratwurst in terms of a hot dog?
b. All else equal, how does this relative price change if the dollar depreciates to $1.25 per euro?
c. Compared with the initial situation, has a hot dog become more or less expensive relative to a bratwurst?
What is the most significant change in cash for this company in the 3 years from 2010 to 2012? Was there any change in stockholders' equity from 2011 to 2012?
if the government wanted to use a food tax in order to significantly reduce the quantity of sweet and sugary drinks we consume, this could be accomploshed with a relatively small food tax on these drinks if: demand was elastic, demand was inelast..
Pham can work as many or as few hours as she wants at the college bookstore for $9 per hour. But due to her hectic schedule, she has just 15 hours per week that she can spend working at either the bookstore or at other potential jobs
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option 1 note the following is a regression equation. standard errors are in parentheses for the demand for widgets.qd
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Briefly describe the relationship between the three rates.
Do you believe in the idea that governments should run surpluses in good years only to spend their way out of a recession in bad years Why do we often see government revenues and spending change when we are in a recession. Why or why not
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