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Since 1920, the NBER (National Bureau of Economic Research) has tracked the business cycles in the U.S. economy that occurred between 1854 and the present time. Approximately how many (complete) business cycles occurred in the U.S. during the period 1854-2011?
Suppose the French suddenly develop a strong taste for California wines. Answer the Following with words and a Diagram: a. What happens to the demand for dollars in the market for foreign-currency exchange
The European Central Bank explicitly states that its long-run inflation traget is 2%. Assume that the Eurozone velocity growth is 2% amd the average growth rate of nominal GDP in Eurozone is 3%. What would you tell the European Central Bank to en..
In a speech at the CFA Society of Nebraska in February 2007, William Poole, former Chairman of the St. Louis Federal Reserve said: Over most of the post-World War II period, the personal saving rate averaged about 6 percent, with some higher years..
Due to the problems in countries such as Spain, Italy and Greece; Germany had (and is having) an inflow of workers looking for jobs (and better conditions) from these countries. Due to the unfavorable economic conditions in their own countries the..
Would the interest parity condition change if all foreign exchange transactions were subject to a one percent transaction fees? If not, explain your reasoning.
can such a system satisfy the demand of the population, especially the young who are educated abroad and have access to the internet?
An examination of Ricardian model of comparative advantage yields clear result that trade is profitable for each of two trading partners since it permits for an expanded consumption choice for each.
The costs per flight (presented in the article) included the costs of fuel, pilots, flight attendants, food, etc. used on the flight. They also included a share of the costs associated with running the hubs at the two airports, such as ticket agen..
Explain the difference between average revenue and marginal revenue. Discuss why are both of these revenue measures important to a profit-maximizing company?
What role did Swiss government and politics play in 2001 liquidity crisis and grounding of Swiss air and did the government and politicians act unethically together with the banks.
What is the marginal product of labor and What weekly economic rent does Dave receive from being an economics instructor and also describe law of diminishing marginal product
Evaluate the organisation's strategies: first for international entry, then for organising and structuring its global operations, and finally for maintaining competitive advantage in the face of new challenges and changing conditions.
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