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1. How are gifts and grants handled in the balance of payments?
2. What does it mean for a country to experience a capital inflow? Is this associated with a surplus or a deficit on the country's capital account?
3. If you add up all the current accounts of all countries in the world, the sum should be zero. Yet this is not so. Why?
4. What is the investment income account of the balance of payments?
5. What is the official settlements account of the balance of payments? How are official settlements deficits and surpluses associated with movements in the international reserves of the balance of payments?
If the elasticity of demand for spring break packages to cancun is -5 and if you notice that this year in cancun the quantity packages demanded increased by 10% then what happened to the price of cancun vacation packages?
The UAW labor contract with General Dynamics expired in October 2001. IN the months preceding the expiration date, bargaining teams for the UAW and General Dynamics met to negotiate a new contract.
Explain how the Fed could use monetary policy to combat inflation. A complete answer must include an explanation of the policy tools that can be used and their effects on the money supply, interest rates, and aggregate demand.
What are some of the damaging effects inflation has on an economy and What would be a monetary policy prescription to reduce or eliminate inflation?
Money, Banking, and Monetary Policy: What do economists mean when they say that monetary policy can echibit cyclical asymmetry? How does the idea of a liquidity trap relate to cyclical asymmetry? Why is this possibility of a liquidity trap significan..
At fenway park, home of the boston red sox, seating is limited to 39,000. Hence, the number of tickets issued is fixed at that figure. (assume that all the seats are equally desirable and are sold at the same price.) seeing a golden oppurtunity to..
Principles of economic analysis, economic institutions, and issues of public policy. Emphasis on direction of production, allocation of resources
Elucidate how the market for corn would be affected if ethanol, a corn derivative was used to fuel cars in the United States.
Elucidate what are some of the models that predict the effects that reducing protection of imports will have on factor price. Briefly explain the effects shown by these models.
For ever of the situations, decide whether Al has increasing, constant, or diminishing marginal utility.
Why might you expect to see flat royalty payments in home-based franchises but revenue-based royalties in franchisees that operate from commercial buildings. Make sure your explanation is consistent with the fact that franchised tutoring services.
Explain the effects of tariffs and quotas on the GDP of a developing country
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