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a. According to the Purchasing Power Parity (PPP) condition, what is the relationship between changes in price levels between two countries and changes in their nominal exchange rates?
b. There is a massive capital inflow into many Asian economies after the adoption of “Quantitative Easing” policy in the Unites States. Examine (with the aid of loan able funds market diagram) the possible impact of the influx of capital on the loan able fund market in these Asian economies.
c. Examine how property rights affect a nation’s standard of living.
d. In country A, between 2009 and 2013 GDP measured in current prices fell from $196 billion to $144 billion. Over the same period, the relevant price index fell from 100 to 90. What was the percentage decline in real GDP from 2009 to 2013? Show your work.
Mike’s Mechanical Men produces radio controlled robots. If its average costs of production are $25, its fixed costs equal $2,500, and it charges $75 per robot, how much revenue must be generated to earn a profit of $5,000?
q1. relate opportunity costs to why profits encourage entry into purely competitive industries and explain how losses
Illustrate can the oligopoly market structure make profit for both consumers and businesses by forging common standards in industries that experience rapid technological change.
Identify one product in your home that is made elsewhere. Why was this product imported? (Hint: think comparative advantage and mutual gains from trade) Some oppose free trade. What are their reasons and how does this apply to the product you identif..
write down ten results from the polls that indicate something interesting about the relative strength of the parties. Write a letter to a presidential candidate explaining what you would recommend based on this data.
Why might price collusion occur in oligopolistic companies. Evaluate the economic desirability of collusive pricing.
helping him to dig bait for fishing, and he also purchased five of John's mature banana trees for 30 clamshells each. What is the GDP of George and John's island in terms of clamshells
q.your complete portfolio is 400000 and is comprised of a risk free asset that pays 5 and a risky asset that has an
Compute the price of the machine, which will make purchasing or leasing to be equally costly.
q1. suppose the supply of apartments in minneapolis is perfectly elastic. the effect of a 100 per month tax on all
What is the difference between GDP and National income? How do both (GDP & National income) relate to economic growth? Explain.
can you think of any financial innovation in the past ten years that has affected you personally? has it made you
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