1 under the gold standard there was penalty for running a

Assignment Help Microeconomics
Reference no: EM13379343

1. Under the gold standard, there was penalty for running a payments deficit but no penalty for running a payments surplus. Explain.

2.The Bretton Woods Agreement was intended, in part, to make adjustment more symmetric between deficit and surplus countries. Explain.

3.What are the components of the current account, the financial account, the official reserve account?

Reference no: EM13379343

Questions Cloud

You are considering two ways of financing a spring break : you are considering two ways of financing a spring break vacation. you could put it on your credit card at 15apr
A current account deficit is a very healthy thing if we can : a current account deficit is a very healthy thing. if we can get foreigners to give us real goods and services and talk
The kretovich company had a quick ratio of 14 a current : the kretovich company had a quick ratio of 1.4 a current ratio of 3.0 an inventory turnover of 6 times total current
A what are the arguments for and against the use of fiscal : a. what are the arguments for and against the use of fiscal policy to fight inflation lower unemployment and raise gdp
1 under the gold standard there was penalty for running a : 1. under the gold standard there was penalty for running a payments deficit but no penalty for running a payments
John operates a small business out of his home and has very : john operates a small business out of his home and has very little in terms of fixed costs. answer the next questions
A monopolist faces demand given by p 100 - 4qd and has : a monopolist faces demand given by p 100 - .4qd and has marginal costs given by mc 10 .2qa. draw demand marginal
Heavy rains caused the flooding of the mississipi : heavy rains caused the flooding of the mississipi river and the missouri river as well as some of their
Economic historians have argued that the financial system : economic historians have argued that the financial system that emerged in the late 1700s and early 1800s was

Reviews

Write a Review

Microeconomics Questions & Answers

  What is the nancial account equal to

Dene Gross National Expenditure in words and state it in equation form. 2. Dene the trade balance in words and state it in equation form. 3. Dene net factor income from abroad in words and state it in equation form. 4. What is Gross National Income e..

  What can you tell her about validation therapy

What aspects would you consider in preparation for her discharge and what can you tell her about Validation therapy? Give an example (either a conversation or situation) of when she can use this technique with her husband.

  A with a high and growing us trade deficit many hope that a

a. with a high and growing us trade deficit many hope that a depreciation of the dollar would help close the deficit.

  Economic output problems

Write down a paragraph explaining how the Hernandez Corp. finds the least cost combination of inputs for producing the given rate of output.

  Find the project''s expected cash flows and npv

Find the project's expected cash flows and NPV. Now suppose the BSI can abandon the project at the end of the first year by selling it for $6 million. Assume the salvage value is risky and should be discounted at the WACC.

  She must guess the correct percentage in that range

In the final round of a TV game show, contestants have a chance to increase their current winnings of 1 million dollars to 10 million dollars. If they are wrong, their prize is decreased to $100,000.

  Determine what the u.s. should do to ensure the availability

Determine what the U.S. should do to ensure the availability of strategic materials in which it has a comparative advantage. Explain your rationale.

  A explain why the assumption of imperfect competition is

a explain why the assumption of imperfect competition is necessary for endogenous growth models.b how might well

  How efficiency can mean many things to many people

Efficiency can mean many things to many people. Even in economics, there are different types of efficiency. Here we are discussing productive efficiency. An economy is productively efficient whenever it is producing the maximum output with given t..

  Draw a graph depicting the market for foreign exchange

Given your answer above, explain whether, all else equal, the supply of the IRP increases, decreases, or remains unchanged. Explain the reason for your answer and depict it on your graph above.

  Product experiences a larger change in price

Which product experiences a larger change in price and which product experiences a larger change in quantity

  How can you explain the apparent inconsistency

Most macroeconomists believe it is a good thing that taxes act as automatic stabilizers and lower the size of the multiplier. However, a smaller multiplier means that the change in government purchases of goods and services, government transfers

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd