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Foreign exchange rate between the U.S. dollar and the Chinese yuan
Recently, there has been a lot of press about the high lead content in toys made in China. This negative press can affect the foreign exchange rate between the U.S. dollar and the Chinese yuan. Using Supply and Demand as the framework, explain how the exchange rate is likely to change. What might be the economic affects of this change?
Country A can produce 100 units of Good X in a day and 40 units of Good Y, while Country B can product 50 units of Good X and 40 units of Good Y in a day. Which country should specialize in the production of Good X and which country should specialize in the production of Good Y? Why?
Elucidate the roles of government bodies which determine national fiscal policies.
In a closed economy without a government sector, consumption is determined as 80% of the income available to households. Investment is autonomous at a level of £450.
Assume the United States increases the tariff on automobiles imported from Germany (and other foreign countries). What is the effect of this tariff-rate increase.
The demand curve faced by a industry in a monopolistically competitive industry which is more elastic than the perfectly competitive firm's demand curve.
Illustrate what are the concerns of common citizens on personal data such as medical transcriptions and credit card information in a foreign country where there are less stringent regulations on privacy.
You are a budget analyst in a California State legislative budget committee and have been asked to prepare a policy brief on the budget issue for the state.
All firms in a Cournot monopolistically competitive industry have the same cost function C(q) = 25 +10q. Calculate the equilibrium price, firm output, total output and number of firms in the industry.
What is the optimal level of production of wine decanters? Verify that this level of output maximizes not minimizes profit
Explain how has the introduction of females also minorities in the corporate structure impacted the supply of labor and the economy.
The Government budget has been making at a deficit of approximately $60 billion for the last year, up from $50 billion the previous year.
describing market trends with disney theme parks also supply and demand analysis whereas impact of government regulations.
Draw a graph showing hte above situation. Include in that graph, the monopolist's cost curves, demand and marginal revenue curves and the price and quantities that are indicated by the situation described above.
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