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Graph the demand for and supply of Australian dollars for euros and level each axis. Ceteris paribus, show graphically and explain the effect of an increase in Australian government budget deficits that increase Australian interest rates on the demand for and supply of dollars and the resulting change in exchange rate of euros for Australian dollars. Why might the budget deficit lead to a current account deficit?
What, in your opinion, has caused the recession, and how does your explanation fit within the AD-AS model? For example, please indicate whether the cause(s) that you describe resulted in a shift of AD or AS or both
Using the library or the Internet, find some recent projections for the future path of the U.S. govt. debt as a percentage of GDP. What assumptions are made about (i) govt. spending, (ii) taxes, and (iii) economic growth?
compared to the gini coefficient for income distribution the value of the gini coefficient for the distribution of
Find the equilibrium - To reduce the sale of cigarettes to 10 million packs, how large will the excise tax need to be - Find the Total Revenue of the farmers.
Assume you received a four percent increase in your nominal salary.
Explain how the economy affects the success of the auto industry. Economic influences that can affect the industry in a negative way.
Elucidate the importance of competition among firms. Explain whether the competitive environment in this industry benefits society or not.
The problem is related to economics and it is explains what's left of National Income after Households Consume and the Government Spends (S = Y - C - G). And, we know that National Income equals GDP (Y = C + I + G + NX).
Two identical firms face linear demand. Market demand is given by P=30-Q. Compare graphically consumer and producer surplus in Cournot and Stakelberg equilibria to perfect competition.
Suppose a firm is attempting to maximize profits. If the firm increases production from 10 units to 11 units, and the market price is $20 per unit, total revenue for 11 units is: A. $20. B. $200. C. $220.
If you made $40,000 in 1980 and in 2010, what would your income status or wealth be in each time period?
Earlier this year the increasing price of tortillas resulted in major protests in Mexico City combined with a warning from Mexican central bank that this may fuel rising inflation.
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