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If I country decides to have a fixed exchange rate, what can it do to ensure it's value is kept proportially the same to another currency and what are the advantages/disadvantages to a fixed exchange rate?
Due to ever-accelerating technological growth, _________________ unemployment is on the rise worldwide.
Now suppose that w > 0. What additional types of strategic effects have been introduced into the game? In a reaction function diagram show the different strategic effects of advertising and describe the final equilibrium.
Historians have debated whether or not a “Market Revolution” took place in the United States during the first half of the nineteenth century. Was the Market Revolution simply a “transportation and communication revolution,” or is there evidence that ..
Think of an emerging energy industry that has differential access to productive inputs. Is it likely that any of the three leading American companies in that industry can develop a sustained competitive advantage? Explain?
Always Round Tire is the only producer of tires for the new British import, the Maxi Copper. Demand for a set of four tires is P = 800 - 5Q (note: Marginal Revenue has twice the slope as the demand curve) while the cost incurred by the firm is MC = 1..
Suppose further that the MCP is 0,8 if the government wants to increase the real GDP to 2000 billions, by how much should the government increase /decrease its lump-sum taxes? Assume the price level is fixed.
The firms cost functions are given by the following functional form: C(qi)=ciqi, where i=1,2. Under this functional form, the firms marginal cost equals its average cost. Discuss each firm’s best-response function when the firms compete by choosing p..
Until a few years ago, U.S. cars exported to Japan had the driver controls on the left side (as in the United States). The Japanese (like the British), What impact would this likely have on their sales in this country? Do you think the unwillingness ..
If you were to learn that gatorade introduced new favors in 2010, how should that information affect your calculation to the inflation rate.
Assume you are part of a research team evaluating a proposal to clean up a hazardous waste site.
The opportunity cost of money is
Northwest Iron and Steel is considering getting involved in electronic commerce. A modest e-commerce package is available for 20,000$. if the company wants to recover the cost in 2 years, what is the equivalent amount of a new income that must be rea..
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