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You have taken a long position in a futures contract on corn at $2.60 per bushel. Over the next 5 days the contract settled at 2.52, 2.57, 2.62, 2.68, and 2.70. You then decide to reverse your position in the futures market on the fifth day at close. What is the net amount you receive at the end of 5 days? What if you had short position initially?
If r is 1 percent, what is Y along the LM curve? If r is 3 percent, what is Y along the LM curve? If r is 5 percent, what is Y along the LM curve?
Suppose that in voting fraud around the country the government is forced to spend billions of dollars in legal fees. Analyze the effects of such a massive increase in government spending in both the classical and fixed price Keynesian models when the..
Elucidate how a temporary decrease in the U.S. money supply affects the money and FOREX markets. Label your short-run equilibrium point B and your long-run equilibrium point.
When a U.S. citizen buys goods from a foreign merchant, the goods are usually paid for by having the U.S. citizen send a personal check or dollars directly to the exporter. Foreign exchange refers to. Meetings among the leaders of the Group of Seven ..
Illustrate what is the level of consumption at the equilibrium level of income.
Briefly explain in words how the “money multiplier” is supposed to work (i.e., how, under the “textbook view” of banking operations, a Fed purchase of Treasury securities is said to result in a multiplied expansion of the quantity of money in circula..
q1. explain the role culture may play in influencing entrepreneurship both at the individual and social level. define
Discuss the major obstacles to economic growth facing in "Libya" and give your advice as an economist on how to solve these issues.
A firm that has the long-run cost curves shown in the graph above would be able to do or have the following, except:
Illustrate what were some of the marginal benefits that the city would derive as the result of keeping this project alive.
From which parts of the world did immigrants come in the years between 1880-1920? What caused them to migrate? What were their patterns of work and residence in the United States?
Identify the sales promotion tools that might be useful for some of the following (a) Tastee Yogurt, a new brand introduction, (b) 3M self-sticking Post-it notes, and (c) Wrigley's Spearmint Gum.
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