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The Bretton Woods system and institutions setup after World War II
The U.S. dollar as a reserve currency
Most of the international trades are done in U.S. Dollar and commodities are quoted in U.S. Dollar
The role of the Federal Reserve and its using U.S. government debt as one of its tools to carry out monetary policy
What is the relationship between the current account and capital account?
How is the U.S. dollar recycled back to the U.S. from trade partners?
Why the dollar recycles back to the U.S.?
Show the competitive position of 5 or more different firms within this industry
Make a brief history of the FEDERAL RESERVE system and explain the organizational structure of this agency as well as the role the Fed has in drafting and implementing United State Monetary policy.
Illustrate what kinds of changes in underlying conditions can cause the supply and demand curves to shift
What is the expenditure multiplier-explain this briefly? What does it multiply? When an economy is in equilibrium what the size of unplanned inventories is?
What do you think that they would be able to effectively reflect the true marketplace benefit and price.
Elucidate economists use two major approaches to estimate incremental environmental costs. Which in your view likely produces the most reliable estimates.
Suppose that the income effect of the tax induced price change is negligible, the excess burden of the tax will be.
Elucidate the differences in unemployment rates among the United States and Western European countries.
In a simple economy assume that all income is either compensation of employees or profits. Suppose also that there are no indirect taxes. Compute gross domestic product from the following set of numbers.
Illustrate what are the pros and cons of performing an engineering economic analysis
Based on absolute advantage and comparative advantage, Elucidate the effect of global economic conditions on the choices available to that country.
Suppose your cousin Vinnie owns a painting company with fixed costs of $200 and the following schedule for variable costs;
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