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Advanced problem. Reread the definition of the fundamental trilemma as well as the discussion by Paul Krugman on page 581. Explain why the three elements cannot go together. Why is there not a fundamental trilemma for the fixed-exchange-rate system between "California dollars" and "Texas do!Jars"? Explain how the trilemma would apply to China today. Explain the arguments for and against each of the three possible choices in the trilemma described by Krugman.
The rate of turnover of inventory is unusually low in comparison with previous years
Propose a remedy based on a liability rule. What information does the court need to know for your proposed remedy to achieve the efficient outcome?
The target word length is about 2000 words, Vancouver style . You are encouraged to obtain information from sources other than the class notes. Please cite all sources in your list of references.
You need to develop a CER using this data. The lot size will be 500,000 units. Should you be concerned about how lot size affects the production rate?
Why might the above relationship signal a recession? Why might it not?
Output Fixed Costs AFC Variable Cost AVC Total Cost ATC MC 1 $50 50 $30 30 $80 80 2 $50 25 $50 25 $100 50 20 3 $50 16.66666667 $80 26.66666667 $130 43.33333333 30
In 1994, the marginal cost of producing the Power Mac was about $1500 per unit, and a rough estimate of the monthly demand curve was: P= 4500-.15Q. At the time, what was Apple's optimal output and pricing policy
How might the worker attempt to overcome those fears?
How would your policy have affected interest rates and real output during the period in question? What would be the benefit of your policies?
From 1950 to 2000, manufacturing employment as a percentage of total employment in the U.S. economy fell from 28 percent to 13 percent. At the same time, manufacturing output experienced slightly more rapid growth
the charlotte bobcat's a professional basketball team has been offered the opportunity to purchase the contract of an aging superstar basketball player from another team.The general manager of the bobcats wants to analyze the offer as a capital budge..
An investment of 120,000 will produce an initial annual benefit of $29,000, but the benefits are expected to decline $3,000 per year making second year benefits $26,000, third year benefits $23,000, and so forth.
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