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Leading up to the crisis of 1997, Thailand had a current account deficit and an economy that was close to full employment, but possibly somewhat above full employment (i.e. there were signs of inflation starting). Where would you put Thailand on the IIXX model. What policies would you say were necessary to restore balance ?
Say every country uses gold as money and there are no barriers to capital or trade flows (and prices are flexible). If a country suddenly discovers more gold, will this permanently increase their money supply?
The 5-recent or historical government actions dealing with the macroeconomic policy. For each scenario estimate if it represents fiscal policy or monetary policy, and describe your reasoning.
How do individual firms in a perfectly competitive industry respond to an increase in the market demand for the product? Would advertising by individual firms in this type of market provide any benefits?
Find the sample mean and variance of the Credit Score variable and find the sample covariance and sample correlation coefficient of Wait Times and Credit Scores.
why Banks are exposed to interest rate risk primarily. what does the Federal funds market involves.
The second firm finds that although demand is not perfectly elastic, it is now relatively more elastic. what will happen to the second firms marginal revenue curve and to its profit-maximizing price. competes with a second firm which had been a mon..
What are the different types of control systems What are some advantages and disadvantages of the various control mechanisms How does your organization use the steps of the control process
If the government gave each recicient family a $7,000 check instead of enrolling them in the Medicaid program most of the families would spend that money to purchase health insurance.
The demand curve for a product is given by P=60-3Qd, where P is the price of the product and Qd is the quantity demanded for the product.
Consider the advantages and disadvantages of the European Union adopting a common currency and determine if this move was a good idea or not
Suppose that firms in the short-run are earning above-normal profits. Describe what will take place to these profits in long-run for the following markets:
Assume that all firms in a perfectly competitive market structure are in long run equilibrium. The demand for the company product rise.
Do you favor a laissez-faire approach or government intervention and regulation with respect to monopoly What are the benefits of your favored approach, in terms of economic efficiency Is one approach always preferable, or should each monopoly mar..
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