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1. Would you be in favor of expanding the role of the SDR to make it an international currency along the lines of Keynes' bancor?
2. Choose an IMF member in which you have a special interest. Spend a little time perusing the "Country Information" section of the IMF website at www.imf.org. This can be found by clicking one of the major tabs along the top of the home page.
The Law of Large Numbers explains why it is unlikely that the actuarially fair premium for an insurance policy will be the same for a small start-up firm
What is the short-run profit-maximizing policy of a monopolistically competitive firm and how is the long-run equilibrium of monopolistic competition like that of perfect competition? also give example.
why would china want its own currency to be undervalued relative to the us dollar? how can china maintain an
What impact will the policy in part A have on the market? Illustrate this with a diagram. Use the market for skimmed milk as a guide. Assume the equilibrium price is €1,000 per ton.
Gentleman Gym just paid its annual dividend of $3 per share, and it is hugely expected that the dividend will raise by five percent per year indefinitely.
Describe how the choices made between governments’ spending of taxpayer money or taxpayers spending that money themselves, affect the allocation of society’s resources. Give reasons.
Compare and contrast the continuous current account deficits of the U.S. with the continuous current account surpluses of Japan - Review the definitions of balance of payment and current account.
Describe one reason why the flexibility of wages and prices tend to favor the Keynesian economic view in the short run and one (1) reason why the flexibility of wages and prices tend to favor the classical economic view in the long run.
Analyze the roles of physical capital, human capital, technology, and natural resources in influencing long-run economic growth of aggregate output per capita, and how governments can contribute, or discourage long run growth through their policie..
Determine which of the following situation describe games and which describe decisions. In each case, indicate what specific features of the situation caused you to classify it as you did.
A consumer's reservation price is the price at which a:
Discuss the financial crisis and how the current state of capitalism impacted average Americans. Further, do you believe that there still is a middle class in the U.S.?
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