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1. Everything else? equal, when domestic currency appreciates against a foreign? currency:
A. the nominal exchange rate goes up. B. there is no change in the real exchange rate. C. there is no change in the nominal exchange rate. D. the nominal exchange rate goes down
2. Contractionary fiscal policy leads to a? ________.
A. leftward shift of the labor supply curve B. rightward shift of the labor supply curve C. leftward shift of the labor demand curve D. rightward shift of the labor demand curve
3. Which of the following factors of production is least likely to show diminishing marginal? product?
A. Land B. Capital C. Technology D. Labor
the industry that this claim were untrue, what critical questions could you ask about the HHI used for the study
A charitable university benefactor has decided to donate a large amount of money for student scholarships.
Illustrate how increase in human capital affects production function. Blue line (circle symbols) in graph below shows production function.
q. 1. continue to read chapter 4 of your text book that deals with demand analysis. every assignment ought to answer in
US national health expenditure was $7,026 per person in 2006 and $4,790 in 2000. The Consumer Price Index had a value of 201.6 in 2006 and a value of 172.2 in 2000. Adjusted for inflation, how much was spending in 2000? Why has the share of healthcar..
An article published in an economics journal examines “life cycle consumption decisions,” that is, an individual’s borrowing, spending, saving and investment from childhood through retirement. The authors describe their study as an “experiment . . . ..
Discuss the differences between unemployment and underemployment and give examples of each. Which do you think is a more serious “problem” for the economy? How might underemployment be addressed through government policy?
Derek consumes only rackets and tennis balls. His utility function is U(x,y)=x^2y^8, where x is the number of rackets consumed and y is the number of tennis balls consumed. Derek's income is $320, and the prices of rackets and tennis balls are $4 and..
Why does the government have to regulate the pollution that is put into the environment? What type of externality is pollution and why is society not able to bring about equilibrium in markets?
The 2 major players in the disposable diaper market are Proctor and Gamble (40% of market) and Kimberly Clark (about 35% of the market). Both companies have undertaken costly research and development campaigns to gain a competitive edge- undercutting..
q.russell owns 30 percent of the outstanding stock of thacker and has the ability to significantly influence the
Utility is given as: U(x, y) = min(x,y) (a) Graph a typical indifference curve for this function. (Hint: Choose a level of utility and draw various combinations of x, y that result in that level) (b) Give examples of goods that are well represented b..
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