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Consider two fictional economies, one called the domestic country and the other the foreign country. Given the transactions listed in (a) through (g), construct the balance of payments for each country. If necessary, include a statistical discrepancy.
a. The domestic country purchased $100 in oil from the foreign country.
b. Foreign tourists spent $25 on domestic ski slopes.
c. Foreign investors were paid $15 in dividends from their holdings of domestic equities.
d. Domestic residents gave $25 to foreign charities.
e. Domestic businesses borrowed $65 from foreign banks.
f. Foreign investors purchased $15 of domestic government bonds.
g. Domestic investors sold $50 of their holdings of foreign government bonds.
What is the relationship between Ybar and myuY?explain in details
Assuming the worker faces no other taxes, graph the budget constraint for a typical worker earning a wage of W per hour
A monopolistic firm has a sales schedule such that it can sell 10 prefabricated garages per week at $10,000 each, but if it restricts its output to 9 per week it can sell these at $11,000 each.
A lump-sum loan of $5,000 is needed by Chandra to pay for college expenses. She has obtained small consumer loans with 12% interest per year in the past to help pay for college. But her father has advised Chandra to apply for a PLUS student loan c..
Briefly summarize and describe how the economic theories and principles you have studied in this course have deepened your thinking about economic behavior
In a competitive market, the market-determined price is $25. For a typical firm producing 10,000 units of output, the firm's average cost reaches its minimum value of $25. Is this firm making the profit-maximizing decision? If not, what should the..
Draw a supply and demand curve for the labor market. Label the demand curve D4 and the supply curve S4. Label the horizontal axis write "Quantity of Labor" and the vertical axis "Wages".
The launch is risky because the demand could turn out to be either low or high. If the demand is high, the investment would give a return of $30 million, and if the demand is low, the return would be 0.
After making these shifts, apply the midpoint formula to calculate the demand elasticities for the shifted points.
A future amount of $150,000 is to be accumulated through annual payments, A, over 20 years. The last payment of A occurs simultaneously with the future amount at EOY 20. If the interest rate is 9% per year, What is the value of A?
If i = 8%, determine the B/C ratio. Solve the problem on a present worth basis and the on anannualized basis.The cost and benefits for a proposed dike flood control systemare as follows: Capital cost of dike= $1,040,000
The return on quality can be defined as the profit increase divided by the cost of the quality improvement program.
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