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Suppose that for Italy in 2008, exports 400 billion euros of goods and 300 billion euros in services, imports equaled 500 billion euros of goods and 350 billion euros of services, and the rest of the world purchased 250 billion euros of Italy's assets. * What was the merchandise trade balance for Italy? * What was the balance of payments on the current account for Italy? * What was the balance of payments on financial accounts? * What was the value of Italy's purchase of assets from the rest of the world?
If the required reserve ratio is 10 percent, banks keep 2 percent excess reserves, and the public keeps a 10% cash to deposit ratio, determine the money multiplier?
How many units of housing would the government have to increase the supply of housing /in order to get the market equilibrium rental price to fall to $1500 per month? To $1000 per month? To $500 per month?
the manager of a perfectly competitive firm selling a product. Your business is making a loss because total revenue is less than total costs. What would you do--shut down or continue to operate? Use hypothetical numbers to explain. Information you..
Who has the responsibility to decrease or eliminate unemployment. What is the role of business
What is the opportunity cost of going to a doctor to be examined for skin cancer? Would eliminating research reduce or increase the cost of U.S. health care?
Elucidate three manufacturing companies that experienced large percentage increases in the number of firms between 1997 and 2002.
Elucidate the difference among a monopoly and an oligopoly, the welfare effects of monopoly.
Elucidate what is the impact of a trade surplus. What is the impact of a trade deficit? How do trade deficits and trade surpluses affect the firm you work for.
Some states are required to balance their budgets. Is this measure stabilizing or destabilizing? Suppose all states were committed to a balanced budget philosophy and the economy moved into a recession. What effects would this philosophy have on t..
Compare Australia with any other advanced economy or developing country and discuss their economic growth during last.
Identify and discuse the IS-LM framework (determination ofincome and the interest rate) and equivalent AD-AS framework.(determination of price level and income) and how changes inequilibrium occur as a result of changes in fiscal
a consumer lives three periods called the learning period the working period and the retirement period. her
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