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U.S. firms that export to foreign countries
Suppose that the Fed perceives inflation on the horizon and decides to pursue a contractionary monetary policy. Explain the effects of this policy on the exchange rate of the dollar. Be specific. What effect will this policy have on U.S. firms that export to foreign countries? Explain. What effect will this policy have on American consumers' purchases of foreign goods? Explain. Explain how this policy will change (1) the U.S. balance of trade, and (2) the rate of foreign investment in U.S. assets.
Prepare an salary statement for the month utilizing the contribution format and the variable costing method.
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Assume Winter Sports a hypothetical French retailer of snowboards needs to order 5,000 snowboards made in the United States.
What government officials increase the price of parking ticket from $40 to $50; they are surprised that their revenue actually falls. What happened?
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Illustrate what has been, also what will be, the short run and long run impact of the Federal fiscal policy which has been followed in the past few years.
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