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Inflation in the US
Do the following events cause the dollar to appreciate or depreciate against the Euro?
1. Health experts discover that red wine, espacially French or Italian red wine, lowers cholesterol.2. GDP falls in nations across Europe.3. The United States experiences a higher inflation rate than does Europe.4. The United States runs a large budget deficit.5. The U.S. dollar is expected to depreciate.
Elucidate what happened in the simulation as you increased and lowered spending and income tax rates
Explain the difference among a price floor also a price ceiling. Provide a situation in which a price ceiling may be used.
Calculate the predicted change in tickets sold if the price were raised to $11. Also elucidate the expected change in total revenue.
Why might the existing firms in a cartelized industry prefer to be regulated by the government? What is the problem with common property resources?
The following is a list of figures for a given year in billions of dollars. Calculate the GDP and NI.
Dell Electronics just stumbled upon a new supplier of personal computer (PC) circuitry in Costa Rica that can supply standardized computer inputs at $70 per PC.
What do you think the increase in productivity is likely to move the economy closer to full-employment or farther away.
Assume the US economy experiences deflation. Trace through the impact on the US macroeconomic variables to the effect on the FOREX rates.
What happens to the demand for pizza if the price of that product decreases? What happens to the supply of tomatoes if the wages of tomato pickers increase?
A contry's currency will depreciate if its inflation rate is less than that of its trading partners.
Providing the current situation with General Motors, our team is recommending that they (GM) reduce their current operations in order to maximize profits.
Illustrate what are the major macroeconomic goals of all societies.
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