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1.)Suppose that ex is the exchange rate between the U.S. dollar and the Chinese yuan in that ex indicates the number of yuan that can be purchased with one dollar. The demand for dollars, denoted, D$ is given by the equation D$=2,800 - 200ex. The supply of dollars denoted, S$, is given by the equation S$=400 - 100ex.a.Calculate the demand for dollars and supply of dollars at exchange rates between 0 and 12 in increments of one.b.the demand for dollars and supply of dollars against the exchange rate. What is the value of the equilibrium exchange rate?c. Suppose the demand for dollars increases by 300 billion at each exchange rate. Explain if the increase in demand results from a large purchase b the Chinese of a new American-made airplane or a large purchase by Americans of new lower priced Chinese-made high definition Televisions. Calculate the new demand for dollars at each exchange rate and graph the demand curve.What is the new equilibrium exchange rate, give the original supply of dollars?d.Suppose the supply of dollars increase by 600 billion at each exchange rate. Explain if the increase in demand results from a large purchase b the Chinese of a new American-made airplane or a large purchase by Americans of new lower priced Chinese-made high definition Televisions.Calculate the new supply of dollars at each exchange rate and graph the new supply curve. What is the new equilibrium exchange rate, given the original demand for dollars?2.)A. Suppose that there is a large purchase by Americans of new lower priced Chinese-made high definition televisions. Given your answers to problem 1, explain whether the Chinese government must buy or sell dollars and by how much if it wants to maintain the value of the yuan relative to the dollar at the level of your answer in part b of problem 1.b. Suppose that there is a large purchase by Chinese of a new American made airplane.Given your answers to problem 1, explain whether the Chinese government must buy or sell dollars and by how if it wants to maintain the value of the yuan relative to the dollar at the level of your answer in part b of problem 1.
Small firms can discover the abilities of their workers more quickly than the large ones because they can observe the workers more closely at a variety of tasks. Does it then make sense for people with high abilities to go to smal firms.
It has now become common for firms situating assembly plants to make states compete for their industry; states and local governments often race to offer most generous tax profits.
John Adams wrote in 1814, "Democracy never lasts long. It soon wastes, exhausts and murders itself. There never was a democracy yet that did not commit suicide."
How does the article support the Simple Circular Flow model and how does the article support the Law of Supply and Demand?
Derive the profit frontier, and explain why total profits fall as the firms redistribute profit between themselves by redistributing output.
(A)If the production function is AK and the savings rate is the constant rate "S", and the rates of depreciation and population growth are d and n respectively, what would the growth rate of the economy be
W(sub)a= 1/a1(Y1)+1/a2(Y2)+1/a3(Y3)+1/a4(Y4) where a(i) are the constants. a) What restriction on the ai is needed for Wa to be an unbiased estimator of mu? b) Find the variance of Wa.
What things impact the value of the dollar Does anyone know why the Chinese Yuan remains very weak against most currencies and thus allows them to export so much Is it fair that the Yuan is made weak against other currencies
explain that investment can be increased both by reducing taxes on private savings and by reducing the government budget deficit A) Why is it difficult to implement both of these policies at the same time
branding iron products a specialty steel fabricator, operates a plant in the town of west star, texas. the town has grown rapidly because of recent discoveries of oil and gas in the area. many of the new residents have expressed concern at the amo..
Engineers at a national research laboratory built a prototype automobile that could be driven 180 miles on a single gallon of gasoline. They estimated that in mass production the car would cost $40,000 per unit to build.
Given the following total-revenue function tr=9q-q2 (a) derive the total-, average-, and marginal- revenue schedules from q=0 to q= 6 by 1's
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