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Discuss
Discuss the role and future of the US dollar in the world economy in 2010 and How might the international monetary system be reorganised to rely less on the US dollar?
Read the following text and answer the questions below: Discuss the limitations of this model as an explanation of the effects of government expenditure on GDP.
Elucidate what are some economic conditions that affect the cost of money
Suppose you want to produce WIDGETS in your country. The international price of an imported WIDGET is $50 and pays an import tariff of $10 per unit. Three inputs are needed to produce a WIDGET.
Bridget has a limited income and consumes only wine and cheese; her current consumption choice is four bottles of wine and 10 pounds of cheese.
Elucidate implications would these policies have on the economy and specifically your personal and professional life.
Consider a firm that has just built a plant, which cost $20,000. Each worker costs $5.00 per hour. Based on this information, fill in the table below:
Describe the firms optimal advertising-to-sales ratio.
Explain demand for cassette players is price elastic also they are cyclical normal goods.
Illustrate what is the
At which point do you reach equilibrium. Also explain why is that considered equilibrium.
Assume that the economy starts in steady state. According to the Solow growth model, how would each of the following affect consumption per worker in the long run, Explain?
Compute the path of the economy, that is , calculate real GDP, the price level, the inflation rate and real money stock for each year until GDP I swithin 1% of the potential. (limit calculated values to 10 decimals points)
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