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Who benefits from a tariff or quota? Who loses? Why would domestic markets benefit from protectionist trade policies? How do protectionist trade policies affect a government’s wealth and fiscal policy?
Explain how foreign exchange rates are determined. How do changes in interest rates, inflation, productivity, and income affect exchange rates? What are the advantages and disadvantages of a weak versus a strong dollar for imports, exports, international and domestic markets?
Illustrate what effect do rising interest rates have on the value of the Australian dollar. Use an AD/AS diagram to show the effects on Real GDP and the price level of an appreciating Australian dollar.
Calculate the firm's optimal output and profits if prices rise to $65 per unit and also calculate equilibrium output, price and profit levels if the firm is typical in its industry.
Make two income statements, are utilizing the traditional accounting approach another using the opportunity cost approach to determine the profit.
Suppose you are studying the market for shoes. Two events take place simultaneously. First, price of leather decreases, and second, consumers' income increases. What will happen to the equilibrium price and equilibrium quantity of shoes?
Explain, in plain words, illustrate what the R-square in this regression indicates.
explain why does not just one state produce all of the orange juice for the U.S. market? Can you answer this question without the simulation.
illustrate what constitutes a perfectly competitive marketplace structure. Support your argument with empirical evidence wherever possible.
A cinema hall has a capacity of 150 seats. The owner can oer students a discount on the price when they show their student
Find out the optimal price-quantity if the firm can price discriminate but cannot charge a two part tariff.
what would the largest cardholder fee that Tuan will pay. If the rental store has a constant marginal cost of $2, which strategy is more profitable?
Assuming fuel is one of the main inputs for many sectors. When a war breaks out in Country X, which is the main producer for fuel in the world, it causes fuel supply disruptions in the world.
She is now considering raising her prices by 20 percent to offset the increase in her monthly rent.
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