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1. The inflation over four consecutive quarter is f1=1%, f2=0.5%, f3=-0.5%, f4=1%. What is the inflation for the entire year?
2. Why the Is curve can be shifted by the change in government spending or taxation but not by the change in investment?
3. What is the real money (M/P) in the LM curve ? Why the denominator is price? How is it different from M in the money demand and money supply graph?
4. Why do nations trade? Analyze American imports and exports.
Two people from the military, General Equilibrium (player 1) and Major Inefficiency (player 2), have been stranded on an island after a shipwreck. General Equilibrium was able to salvage 50 bags of Spinach (X1) and 50 pounds of rice (Y1) from the shi..
Have you thought about starting your own business? What opportunities seem attractive? What type of financial resources and personal skills would you need to launch a new business? How would you obtain these financial skills and personal resources?
. On a particular day, the spot exchange rate for the Thai baht was 31.80 (bt/$). On the same day, the 3-month forward exchange rate for the baht was 32.50. Was the Thai baht trading at premium or discount for the Thai baht?
List and explain any externalities in consumption that exists for kindergarten through 12th grade education. Use caution in your economic reasoning and Analysis, and take care in the use of graphical display.
In a given market at a given time, demand for a service increases and supply of that service decreases. (That is, demand shifts rightward while supply shifts leftward.) Analyze the impact of these changes on equilibrium price and quantity. Make sure ..
One policy originating in this period sought to break up tribes by removing children from their families and enrolling them in Government-run boarding schools far from home.
Which of the following are benefits created by the immigrants?
A local phone company has three family plans for its wireless service. Under each of these plans, the family gets two lines (phones) and can make local and long dis- tance (within the United States and Canada) calls for free so long as the total numb..
Customers arrive at a movie theater at the advertised movie time only to find that they have to sit through several previews and pre preview ads before the movie starts. Many complain that the time devoted to previews is too long (The Wall Street Jou..
What are the gains and losses of international trade? What happens when tariffs are imposed, in terms of the importing and exporting countries? Use graphs as needed and explain your answers thoroughly.
Please consider the effect of prices on everything doubling. Suppose all prices doubled while you slept. A soft drink that sold for a dollar now sells for two dollars; a car that sold for $20,000 now sells for $40,000. The price of labor doubled as w..
Suppose that disposable income, consumption, and saving in some country are $400 billion, $350 billion, and $50 billion, respectively. Next, assume that disposable income increases by $40 billion, consumption rises by $32 billion, and saving goes up ..
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