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Describe what occurs to American imports and exports when the U.S. dollar is strong. Describe what occurs to American imports and exports when the U.S. dollar is weak.
Substantive responses use theory, research, and experience or examples to support ideas and further the class knowledge on the discussion topic.
Explain why product differentiation leads to differences between monopolistic competition and perfect competition.
In at least three well composed paragraphs, please describe the effect that changes in business taxes, personal income, and transfer payments have on a country’s gross domestic product (GDP).
Presumably you have learned to diagnose the state of an economy and to explain how/why classical economists and Keynesians would deal with various problems in the macro economy. Assume that the spending multiplier equals 1.5. How much should governme..
In the field of financial management it has been obseved that there is a trade-off between the rate of return that one earns on investments and the amount of risk that one must bear to earn that return. Draw a set of indifference curves between risk ..
The article touches on two crucial conditions for a fiscal stimulus to work.
Suppose that the economy that we are interested in modeling is not a small open economy, so that the macro variables that describe the external environment have to be treated as endogenous. What additional types of conditions do you think we would ha..
Sets out the aggregate demand and aggregate supply schedules in Japan. Potential GDP is 600 trillion yen. What is the short-run macroeconomic equilibrium.
Consider a market characterized by the following demand and supply curves: Qd = 1600 - 20p and Qs = - 900 + 30p. If regulators decide to restrict payments by setting a price ceiling equal to $35, how many units will be sold or bought? Calculate the ..
Compute and indicate the area of profits on your graph. In light of your answer above, does it make sense that this firm is "maximizing profits".
The first cash flow of a 25-year series of quarterly cash flows is equal to $35,000. Each cash flow in the series increases by $800. Find the amount of each cash flow in an equal quarterly cash flow series that is equivalent to the increasing cash fl..
During the period of time that a local university takes phone-in registrations, calls come in at the rate of one every two minutes.
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