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If the US dollar depreciates in relation to the Japanese Yen, then Question 3 options: 1) US consumers would find Japanese goods have become more expensive. 2) US consumers would find all foreign goods have become more expensive. 3) US consumers would find Japanese goods have become less expensive. 4) US consumers would find that all foreign goods have become less expensive.
Illustrate what do they mean efficienty level of output. If the government were to build the bridge, what price should it charge.
A storm destroys half the fava bean crop. Is this event more likely to hurt fava bean farmers if the demand for fava beans is very elastic or very inelastic?
rounding down again to two decimals draw a supply and demand diagram like we did numerous times in the lectures
If unexpected inflation does not exist
The U.S. Constitution bans states from restricting imports of goods and services from other states. Suppose this restriction did not exist and that states were allowed to limit imports of goods and services produced in other states. How do you think ..
Suppose government spending increases. Would the effect on aggregate demand be larger if the Fed took no action in response or if the Fed were committed to maintaining a fixed interest rate? Explain why and give an example
Niki owns Solar Corporation. Niki uses Solar’s funds to pay her personal expenses, creates Pure Green Corporation to engage in the same business as Solar, transfers Solar’s assets to Pure Green, and petitions Solar into bankruptcy. These most likely ..
We have a bond issue currently outstanding that has 25 years left to maturity.the coupon rate is 9% and coupon are paid semi annually.the bond is currently selling for $908.72 per $1000 bond what is the cost of debt
Distinguish between resource market and product market in circular flow model. In what way are businesses and households both sellers and buyers in this model. What are flows in circular flow model.
The HRB Corporation is the world’s only manufacturer of air filters for Zamboni engines. Last year, HRB charged $20 per filter and sold 1 million of them, and it paid all of its production workers $10 per hour. What was the workers’ marginal product ..
Be sure to label your graph carefully as well as accurately. What is the slope of the budget constraint.
The cost of energy for operation high lift pumps in a water distribution system was $1.4 million for the first three years. Beginning in year four, the cost increased by $30,000 each year for the next 12 years. The cost of the energy is at an interes..
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