Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Think that the following model of a small open economy:C = Ca + 0.8(Y - T)Ca = 260 - 10rT = 200 + 0.25YIp = 300 - 30rG = 460X = 400 - 3e + 0.1YfM =210 + 2e +0.1YMs/P = 200(M/P)d = 0.4Y - 48r
Where X = exports, M = imports, e = the real exchange rate=50, Yf = foreign income = 2000 and all other variables are as defined in your textbook. Assume that prices are fixed and that the equilibrium interest rate is equal to the world interest rate in part (a)
a. Determine the equilibrium income and interest rate in this economy?b. Assume foreign incomes rise to 3000 and the interest rate is allowed to temporarily diverge from the world economy's interest rate? What happens to the value of net exports? (show calculations in practice).c. Assume the exchange rate is flexible. If economic policy makers would like to avoid a change in the real exchange rate due to the increase in foreign income, what policy option should they pursue? Explain using the IS -LM curves.
I would have selected JEL industries as it is located in a nation which is part of the European Union and using Euro as its currency.
Based on the Keynesian theory in does it matter what the money is spent on? discuss and explain the amount of stimulative effect we can expect, depending on how the stimulus is financed.
Describe the economic cost of most international trade less than economic benefit of that trade for both the firms and nations involved using trade and comparative advantage economic theories.
The US was founded on ideals of justice and equality. The Declaration of Independence proclaimed that all men are developed equal, yet individuals such as African Americans and women were not afforded this equality.
As an option to standards, one rule proposal is use of allow trading among point sources of water pollution. Provide some major reason why this is advantageous from an economic perspective & from an environmental perspective.
Discuss and explain the optimal method for procuring a modest number of standardized inputs that are sold through several companies in the marketplace.
The Thompson company projects an rise in sales from $1.5 million to $2 milliion, but requires an additional $300,000 of current assets to support this expansion.
Assume that each United States worker can produce eight units of food or two units of clothing daily.
The problem of estimating what goods and services society should produce, Determine the models used in economics
Describe how economies benefit from specialization and exchange. Economics is not my strong suit. If there is a way to describe this to me in laymans terms along with an example;
Black Diamond Tennis & Golf Club offers golf & tennis memberships to residents of Black Diamond, Ohio, in which there are two types of families:
Choose a United States multinational corporation. In terms of currency denomination, explain how the company prices its revenues and costs.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd