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In November 2016 the average wage of the Russian worker is 36,115 rubles per month, and in 2013 it was 21,300 rubles per month. If the current exchange rate equals 1 USD = 64.0 RUB, while in 2013 it was 1 USD = 32.6 RUB, is the Russian worker better off or worse off in US dollars now than before, and by what percentage?
2 companies are competing for output. The leader firm knows the market demand to be P=1200-Q. The demand for the other company is Q2=400-0.5Q1. Both companies are have marginal cost $200. How much output will the leader company produce?
Use supply-and-demand analysis to answer the following question. This means using Figure 1 below actively (or drawing your own graphs). Assume that supply-and-demand analysis is in fact applicable in all the relevant markets. (a) Assume fertilizer pr..
What are exchange rate stabilization techniques for big firms with international branches that try to reduce their tax liabilities?
Choose one company from the market structure of monopolistic competition and one company from the oligopoly market structure and state which characteristics make this company fit these market structures.
Why is the debate between the international dependence and the neoclassical counter-revolution schools referred to as “finger pointing?”
Assume tuition cost $6,142 (per semester) in 2007 and $7562 in 2021. Price index was 207.34 in 2007 and 226 in 2012. What is the 2007 tuition fee in 2012? What is the growth rate of inflation-adjusted tuition fee from 2007 to 2012? What is the inflat..
Suppose you are deciding between the purchases of two cars: the $21,545 Ford Escape or the $25,740 Ford Escape Hybrid. The vehicles are essentially identical except the Hybrid gets 34 mpg while the regular Escape gets 24 mpg. a) If you drive 15,000 m..
Ms. Marie, a health information department staffmember at New Directions Medical Center, re-ceived a call from the emergency room at St. John’sHospital requesting that all previous records for apatient named Sally Smith be faxed them immediately.
A company's 5-year bonds are yielding 9.7% per year. Treasury bonds with the same maturity are yielding 6% per year, and the real risk-free rate (r*) is 2.6%. The average inflation premium is 3%, and the maturity risk premium is estimated to be 0.1(t..
q1. disposable personal income equals personal incomea. minus government transfer payments plus personal tax
Which resource of production is the only one which nations can significantly increase in the short term.
Think about what you would be doing if you weren’t in class. The alternatives are infinite and computing the cost of them all is impossible. However, since you could only be doing one thing (not all of them) Calculate (in $$$) your opportunity costs ..
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