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What does the Marshall-Lerner condition look like if the assumption that changes in the exchange rate are relatively small does not hold. Show the modified equation and explain how it is different - and how it makes a difference - compared to the standard case. Do you think that the empirical regularity is the standard case or the modified case you have derived? Explain.
suppose there are two states that do not trade iowa and nebraska. each state produces the same two goods corn and
a statewide sample survey is to be made. first, the state is subdivided into countries. Seven countries are selected at random and further sampling is concentrated on these seven countries. what type of smapling is this
The systolic blood pressure of females in their 20s is normally distributed with a mean of 120 with a standard deviation of 9. What is the probability of finding a female with a blood pressure of less than 100? More than 135 between 105 and 123?
What would the number of paying patients and federally funded seniors be if the federal funding agency raised its rate to $120 per treatment?
Determine what type of monetary policy has the Federal Reserve been using for the last year easy or expansionary, tight or contractionary, or neutral or non-involvement)?
health care systems around the world provide different levels and types of care and are paid for in dramatically
Identify two microeconomics and two macroeconomics principles or concepts from the simulation. Explain why you have categorized these principles or concepts as macroeconomic or microeconomic.
Draw the labour supply curve for taxi drivers in New York City based on this estimate. Note: Since you have no data on wage rates and hours of work supplied, you are expected only to provide a rough approximation of the supply curve.
A market contains a group of identical price-taking firms. Each firm has a marginal cost curve SMC(Q) = 2Q, where Q is the annual output of each firm. A study reveals that each firm will produce if the price exceeds $20 per unit and will shut down
Suppose the market for agricultural machinery, including crop sprayers, in a region is monopolized by one company, Jack Rein Deere. The market demand for sprayers is given by Q = 1250 - 0.05P. The monopolist's supply curve for sprayers is given by Q ..
GDP does not include the value of used goods that are resold. Why would including such transactions make GDP a less informative measure of economic well-being
the director of marketing at vanguard corporation believes that sales of the companys bright side laundry detergent s
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