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Assignment
Instructions:
1. Carefully explain why a typical demand curve slopes downwards.
2. Distinguish between normal and inferior goods.
3. What are the main underlying determinants of demand for the following:
i. Cars ii. Cloths iii. Healthcare
Use the data on U.S. real GDP below to compute real GDP per person for each year. Then use these numbers to compute the percentage increase in real GDP per person from 1987 to 2005. Year REAL GDP (2000 prices) population.
Conduct research on the economic performance of ONE country over the last ten years, from 2004 to 2013, applying the macroeconomic indicators of real GDP, real GDP growth rate, real GDP per capita, unemployment rate and inflation rate
Bogle believes that "the change from traditional owners' capitalism to the new managers' capitalism is at the heart of what went wrong in corporate America." Summarize and evaluate his argument What does his argument suggest to you about reform or..
The U.S. government imposes a price floor for U.S. sugar that is above the market clearing price. Illustrate the U.S. sugarmarket with the price floor in place. Discuss the effects of theprice floor on conditions in the market
Analyze the effects of trade theories, policies, and interventions on countries and multinational organizations and interpret the effects of macroeconomic variables on multinational organizations
For multinational corporations, friction expenses occur where practices of the company are seen through the public as exploitative or unethical.
The Ecuadorian Sucre is trading for $0.000425 today and you are redeeming an Ecuadorian 1-year bill that you bpught one year ago when the Sucre was at $0.0005.
If the U.S. dollar were to appreciate substantially, what steps could a domestic manufacturer such as Cummins Engine Co. of Columbus, Indiana take in advance to reduce the effect of the exchange rate fluctuation on company profitability
Define tariff and the different types of tariffs and identify and discuss the major nontariff barriers to trade.
Write 2 para about the open skies agreement and how it ties into globalization
Prepare a short research paper on one of the topics as Trade Policy and exchange Rate Policy
The U.S dollar price of a Swedish krona changes from $.1572 to $.1730. a. Has the dollar depreciated or appreciated against the krona b. Has the krona appreciated or depreciated against the dollar
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