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Suppose that the developing countries like China and India start promoting consumption, and as a result there is sudden decline in world savings.
a. What happens to the investment in a small open economy like Singapore?
b. What happens to the trade balance of Singapore?
c. What happens to the real exchange rate of Singapore?
One of the most important debates during the Constitutional Convention in 1787 was about the power and size of government. If the Founding Fathers could view the government of the United States today, which side of that debate would think that they w..
Suppose a linear demand function is estimated for good x as, Qd = 100 – 4*Px + 6*Py + M. where Px = $4, Py = $2, and M =10. M is the average income of consumers, measured in thousands of dollars. What is the price elasticity of good x? (choose the ne..
Lasso Capital has been experiencing increasing demand from its institutional clients for information and assistance related to international investment management. Identify and briefly discuss three reasons for adding international securities to the ..
Are these ever mentioned? Explain. Q3) How would you compare the events of September 11, 2001 to those reasons listed? Q4) What is the difference between a "bull market" and a "bear market"?
A competitive firm’s cost of production is C(Q) = Q^3-20Q^2+125Q. The firm’s problem is to choose the value of Q> or = 0 that maximizes its profit.
If the cost of rare earth (a resource for producing smartphones) increases, then supply for Samsung smartphones will _____, and quantity will _____.
Measles has become an epidemic here in Orange County. About 1 in 1000 people will die after contracting the disease. Because this is such a high rate, health officials in Orange County would be well advised to pay for anyone to get a vaccination.
On Friday nights, patients arrive at the emergency room at Mercy Hospital following a Poisson distribution at an average rate of seven per hour. Assume that an emergency-room physician can treat an average of three patients per hour and that the trea..
By reading any business publication gives examples that illustrate one of the four principles of engineering economics. A nearby Dollar is worth more than a distant dollar. All that counts is the differences among alternatives. arginal revenue must e..
What factors are considered in calculation of the CPI? Explain your answer and provide a reference. Where would you find data on CPI and PPI for the U.S.? What does the current level of inflation tell you about the state of the U.S. economy?
In the former Soviet Union, producers were paid for meeting output targets, not for selling products. Under those circumstances.
Since 1900 real income has increased tremendously, yet the average number of children per family has decreased. Consider the following possible explanations and illustrate in terms of indifference curves and budget constraints of families between the..
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