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A U.S. resident can earn 6 percent interest on a one-year bank deposit of $100,000 at home. Alternatively, she can convert the $100,000 into Euros and earn 4 percent on a one-year bank deposit in Germany. If the exchange rate is initially 1.5 Euros per dollar and then changes to 1.45 Euros per dollar in one year, which deposit would have given the U.S. resident a higher return?
Why do firms demand resources? In what way is a firm’s demand for a resource a derived demand? How does this differ from consumers’ demand for final commodities?
In a gambling game a woman is paid $3 if she draws a jack or a queen and $5 if she draws a king or an ace from an ordinary deck of 52 playing cards. If she draws any other card, she loses.
Company A plans to produce 300,000 units next year, the production budget is: Compute the total cost and cost per unit when the unit production is changed to 315,000 units.
Bumper crops (i.e., abundant crops) for wheat and corn have historically reduced the number of wheat and corn farmers. A price floor set by government above the equilibrium price for those crops would:
The effect of a trading partner who imposes a binding import quota on the good the home country is export subsidizing? Who are the winners and losers under these circumstances?
Discussion of short-run exchange rate overshooting
Demand and supply functions of tomato are listed below, The maximum value of tomatoes that manufacturer will offer for sale if the price of tomatoes is $ 0.30
Compute the Average cost, Marginal cost, Average Variable Cost and the output level at which Average Variable Cost is at a minimum.
Discuss a fiscal policy that has a societal and/or civic impact
What policy did the Fed and other central banks around the world use to try to stabilize the economy during the financial crisis ?
Julie is getting ready for final exams. She has three exams during the first three days of the exam period. To prepare, she has outlined a schedule that includes reviewing for her first exam on one day, her next exam on the following day, and her ..
The miracle Manufacturing company Short run Average cost Function In 1997 Is AV=3+4Q , Whwer AC is The firms Average cost ($/pound)And Q Is its output rate. A) Obtain an equation For the firms Short-run Total cost function.
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