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In an interview in October of 2002, the departing head of the European Central Bank said that a fall in the dollar was unavoidable, and that the euro should not be the only currency to support the dollar's decline. What does he mean by this? In particular, what signal is he trying to send to Japan? What harm would Europe suffer if the euro were the only currency to support the decline?
In 1939, with the U.S. economy not yet fully recovered from the Great Depression, President Roosevelt proclaimed that Thanksgiving would fall a week earlier than usual so that the shopping period before Christmas would be longer.
If the demand for a domestic currency reduces in a country using a fixed exchange rate system, determine what must the central bank do to keep the currency value steady?
Does farming in the United States have the characteristics of perfect competition How does perfect competition in the farming industry help farmers and consumers or Hurt farmers and consumers
Some properties are "sold prior to auction", that is, the vendor accepts an offer before the auction is actually run. Investigate and write a summary on how this process works. In particular, is there a hidden auction prior to auction day
What do these numbers tell you about the phase of the business cycle in the United States, Euro area, and Japan in 2008 What do these numbers tell us about the relative size of the natural unemployment rates in the United States, the Euro Area, an..
Compare the economic performance of these countries in the postwar period and in 1980s-1990s. Do the economic systems of these countries become more or less similar the last 20 year
It has been estimated by the United States International Trade Commission that Japanese automobile import restrictions during 1980s
a) If the current equilibrium price in the earring market is $1.8, how many earrings will Frances produce, what price will she charge, and how much profit (or loss) will she make b) Suppose the equilibrium price of earrings falls to $1. Now how man..
A recent merger of note is that of Hewlett Packard and Compaq Computers. When the merger was announced, it was widely criticized as not making economic sense.
Based on your own internet research, identify an "external shock" (within the last decade) to the U.S. economy and describe the impact on Aggregate Demand and/or Aggregate Supply. Include the government response (if any) to this shock and comment ..
Make a domestic supply and demand diagrams for an item in which the U.S. does not have a comparative advantage. Discuss what impact do foreign imports have on domestic price and quantity?
From the point of view of China's government and the well-being of the Chinese economy and people, what are the main reasons for the Chinese government to allow more flexibility and (probably) substantial yuan appreciation?
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