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In february 2014, hostilities escalated between Russia and Ukraine over Crimea. Predict the effects of these hostilities on the exchange rate between the U.S. dollar and the Russian Ruble
Suppose that the city of New York issues bonds to raise money to pay for a new tunnel linking New Jersey and Manhattan. An investor named Susan buys one of the bonds on the sa
Elucidate the rationale and the implications of the new guidelines which used by the Department of Justice also the Federal Trade Commission for evaluating proposed mergers.
illustrate what can you say about cost elasticity of demand for DVD players. Will cost reduction necessarily lead to an increase in profits for DVD player manufactures.
Suppose India has a per capita GDP that is .074 times the United States GDP. It has a capital-per-person ratio that is .035 times that of the United States. Compared to the
Calculate the deadweight loss (DWL) from the price ceiling. Find a price floor that will result in the same magnitude of DWL. [Note: P = price per unit; Qd = hundreds of units
Calculate the net present value of each of the 2 projects. Which would be preferred according to the net present value criterion? Calculate the profitability index of each o
Christopher notices that his Discover Card statement gives the company’s Web address (Discovercard.com) and directs him there to pay his bills and answer his questions. What e
Consider a model of pure exchange with two consumers—Ronald and Mikhail— and two goods. Assume that consumer preferences are convex as in lectures. Ronald is endowed with 5 un
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