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You observe that a country's currency depreciates while its current account worsens. What data might you look at to decide whether you are witnessing a J-curve effect? What other macroeconomic change might bring about a currency depreciation cou- pled with a deterioration of the current account, even if there is no J-curve?
Markets are a very good way to organize economic activity in our economy. Why do we classify price floors and ceilings as a type of market failure and why does the government need to get involved in these types of markets?
Ralph came to you, his lawyer, for advice and redress. He tells you his story and asks what he can do. You patiently explain to Ralph there are two theories of sexual harassment to pursue. What are they? And what are the elements of each theory..
Describe what happens to price of a bond that pays a fixed percent of the face value every year when interest rates in the economy rise.
Grapg a series of isoquants for the production function q=10, 15,20. Plot at least 5 points for each isoquant by assuring value for q and then a value for L and solving for the remaining value of K to get the needed level of q.
With the unemployment salary at an hourly rate of $7.25 do youbelieve that this helps our economy, does it hurt oureconomy? Should it be higher as there are other states andcountries that have a higher base salary for unemployment
Elucidate what does it mean to specialize according to one's comparative advantage and trade internationally and an example of a business using this principle.
Illustrate what are the four supply factors of economics growth. What is the efficiency factor? Please illustrate these factors in the terms of the production possibilities curve.
Suppose that the Fed's inflation target is 2 percent, potential output growth is 3.5 percent, and velocity is a function of how much the interest rate differs from 5 percent: %?V - 0.5 Ã (i - 5) Suppose that a model of the economy suggests
In the signaling model, assume high school graduates are paid a stream of income whose present value is $200,000. College graduates are paid a stream of income whose present value is X. College education costs higher-productivity wo..
Calculate the Life Cycle Cost of failing your year. Assume 0% inflation and a working engineering career estimate of 30 years. Assume that you will make $125,000 during your 30th year of work.
Illustrate what relative amounts of capital and labor will be employed to maximize output.
Define and identify opportunity costs, fixed costs, variable costs, marginal costs, average costs, and sunk costs, and differentiate between economic costs and accounting costs.
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