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critically estimate the theory and empirical evidence on the optimality criterion for choosing an exchange rate regime. put into consideration cost of international transaction, long-run inflation and short-run macroeconomic stability
According to comparative advantage, in which industries would you recommend the country to specialize. Has the country specialized in your suggested industries.
What would be price and profit levels would prevail based on the assumption that a new entry into the local market results in competitive market pricing.
Assuming Mr. Delaney decides to keep the body shop, and the consultant reports that it is feasible to raise prices, should Mr. Delaney do so. If he does, illustrate what general guide can you suggest as to how much price should be increased.
Compute the opportunity costs for producing a single Twinkie and a single cupcake for Jasper and for Jasmine. Does either have an absolute advantage in the production of Twinkies.
How will the unemployment rate during the current period compare with the natural rate of unemployment.
a homeowner can insulate his house and save $50 each year in heating bills. If the interest rates are 6%, should the house owner insulate or not.
Suppose the market for wheat is perfectly competitive. Fed up with low prices, a wheat grower in Texas decides he won't take his output to market and, instead, dumps all his wheat into the Red River. What happens to the market price of wheat?
When a restaurant stays open for lunch service even though few customers patronize the restaurant for lunch, What are the principles is (are) best demonstrated.
Explicate how firms decide on where to produce depending on the marginal product and average product.
Suppose you are a marketplace analyst specializing in theme parks also you're examining Disneyland's stock.
Elucidate what is the effect of such tax on economic efficiency also the effect on economic equity. Do you think this was a popular tax.
how will the quantity of aggregate output supplied respond to the fall in prices. Illustrate what will happen when firms and workers renegotiate their wages.
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