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Consider a small open economy operating a fixed exchange rate. Compare the effects on domestic real GDP of an increase in government spending under each of the following circumstances:
a. Imperfect capital mobility with sterilized intervention.
b. Imperfect capital mobility and unsterilized intervention.
c. Perfect capital mobility.
A computer is purchased for P=$86,919, has a service life of n=7 years, and a salvage value of $5,000. At an interest rate of 15%, determine the capital recovery amount for this project.
Consider a production technology that takes three inputs: capital (K), labor (N ), and materials (M ). The production function is given by Y = AKαNβ Mγ , where α, β, γ > 0 and α + β + γ = 1. For this production function,
Discuss the importance and explain the use of business process modeling notation (BPMN).
Illustrate what if accidents costs decrease with precaution. Explain how does this affect efficient level of precaution. Explain.
q1. since 1981 the monetary authority of singapore mas has centered its monetary policy on the management of exchange
An appliance manufacturer produces two models of microwave ovens: H and W. Both models require fabrication and assembly work; each H uses four hours of fabrication and two hours of assembly, and each W uses two hours of fabrication and six hours of a..
Examine two (2) arguments one for and one against raising the minimum wage, and discuss your findings. In view of the weak economy of the last several years, explain which of the four components of GDP had, or is having, the greatest positive impact ..
Consider a market with only two firms. Demand on this market is given by D(p) = 20 – 3p. Initially both firms have the same constant per-unit cost c1 = c2 = 2. What is the equilibrium in this market if firms behave as Bertrand competitors? How much d..
Explain the difference between the Industry (external) view and the Resource (internal) view of sustainable competitive advantage. Make sure you explain Porter’s Five Forces model and the resources and capabilities emphasized by the Resource Based Vi..
Support your answer amid an illustration which shown market equilibrium for chocolate bars which comprise x and y interrupts of the curves and label them accordingly.
Critically evaluate the provision resulting from the Uruguay Round to require that the least trade-restrictive measures should be used to achieve environmental goals. Include in your answer both the environmental and economic implications. Support or..
Decide whether each scenario would lead to upward or downward pressure on the equilibrium price for each good in bold font.
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