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Assume an American company sells $10 million in goods to a German firm. The American company will receive less than $10 million in revenues if (assume no transactions to prevent exchange rate risk):
A. They are paid in dollars and the dollar depreciates between the date of the order and payment.
B. They are paid in euros and the euro appreciates between the date of the order and payment.
C. They are paid in euros and the euro depreciates between the date of the order and payment.
D. They are paid in dollars and the dollar appreciates between the date of the order and payment.
Sandy has an income of $300 per month and qualifies for food stamps. The food stamp program awards people $100 per month, but that money can only go towards the purchase of food. Assume food costs $1 per unit. Draw Sandy’s budget constraint with the ..
Describe how each of these activities affects government households as well as businesses.
Monetary expansion causes the current account balance to increase in the short run. Discuss this statement. Is the same true for fiscal expansion?
q.as weve been discussing and identifying the issues that our local and global communities currently face how do you
Given a binomial random variable with n = 60 and p = 0.36 find the probability of obtaining between 25 and 35 successes inclusive, to three decimal places.
Why does the government intervene in the economy? Should they and what would the impact be if they did not?
why would china want its own currency to be undervalued relative to the u.s. dollar? how does china maintain an
Can anyone recommend some free software for students studying economics for use in senior projects, theses, or dissertations? What kind of economic freeware exists for economics students?
Under monopoly, still with the price PW which is again label triangle of consumer surplus and the triangle of producer surplus.
Suppose that the long-run aggregate supply curve (potential output, Y is vertical at Y = $3,000 while the short-run aggregate supply curve is horizontal at P = 1.0 (and once again, P = 1.0 is the SRAS Curve, in other words). If the macro economy is i..
For a perfectly competitive firm,
What do you imagine about the interest on payday loans is too high or just right.
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