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the European Central bank acted to decrease the short term interest in Europe by half a percentage point, to 2 percent. The bank's president at the time Willem Duisenberg, suggested that, in the future, the bank could reduce rates further. The rate cut was made because European countries were growing very slowly or were in recession. What effect did the bank hope the action would have on the economy? Be specific. What was the hoped-for results on C, I, and Y?
With increased access to wireless technology and lighter weight, the demand for laptop computers has increased substantially. Laptops have also become easier and cheaper to produce as new technology has come online. Despite the shift of demand, pr..
Can you think of circumstances in which each industry would exhibit the same capital-labor ratio in both countries.
Explain the concept of more is better satisfied for both goods. Elucidate as C increases the MUC increase, decrease or remain constant.
What factors underlie whether specialization in production will be partial or complete on an international basis.
A similar helicopter was purchased 4 years ago at a cost of 140,000$. At an interest rate of 7% per year. Illustrate what would be the equivalent value today of that 140,000$ expenditure.
Semiconductor chips are used to store information in electronic products, such as personal computers. One of the early leaders in the production of these chips was Texas Instruments (TI).
Draw the production possibility frontiers for the 2 countries. Draw the world relative supply curve for manufactures.
As the exclusive carrier on a local air route, a regional airline must conclude the number of flights it will provide every week also the fare it will charge.
The marketplace demand for a type of carpet produced by a monopolist known as KP-7 has been estimated
Gary has two children, Kevin and Dora. Each one consumes "yummiest" and nothing else. Gary loves both children equally.
What was the accounting profit for the new business. What was the economic profit or loss. Explain your calculations for both questions.
What were there reason why IMB lost it advange over the computer world.
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