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Assignment: Trade Simulation and Paper
https://www.imf.org/external/np/exr/center/students/trade/index.htm
Play this game to experience the challenges and excitement of international trade. See if you can get the best price for the goods you sell and the biggest bargains for the goods you buy. Watch how the global economy is doing: the prices you'll be able to get and the deals you can make depend on how healthy the global economy is. After you play the game write a response discussing what aspects of trade this game showed. Also discuss the kinds of restrictions on trade coutries use with each other and how they affect the market.
Use these data to construct a boxplot that shows outliers. Write a few sentences describing the important characteristics of the boxplot.
What is the market clearing real interest rate? Show your results on a real money supply, real money demand diagram and label this initial equilibrium point as point A. Be sure to label your graph completely!
Identify several parties likely to be helped and hurt by inflation. Do you think perfect indexing is possible? Why or why not? The AD curve slopes negatively to the right because of three effects. Identify and discuss each of these effects.
a natural monopoly in these European countries?
Unities of Guns 0,12,26,36,44. Unities of Washers 4,3,2,1,0. What is the marginal opportunity cost of producing the second unit of washers? What is the total opportunity cost of producing the second unit of washers?
What do we call the error of accepting a false hypothesis? Of rejecting a true hypothesis and What symbol is usually used for the probability of type I error? What is another name for this?
A marble column of cross-sectional area 1.2m2 supports a mass of 25,000kg.
complete the supply and demand simulation located on the student website.write 1050-word paper of no more than
Illustrate and fully describe using an example of relevant cost (a cost whose value does affect the optimal decision) and an example of irrelevant cost (a cost whose value does not affect the optimal decision) to the business regarding this decisi..
Draw a supply-and-demand digram to show what happened to price, quantity, consumer surplus, and producer surplus in the market for computers.
suppose that there are two products clothing and soda. both brazil and the united states produce each product. brazil
How do the income and the substitution effects determine the slope of the labor supply curve?
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