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Firms in industrial countries find a larger market for their goods in other industrial countries than in developing countries because: a. the industrial countries tend to have a higher population than the developing countries. b. the consumption patterns in the industrial countries are highly heterogeneous. c. the consumption patterns in the industrial countries are more or less uniform. d. the trade policies of the industrial nations are more favorable than the developing countries. e. the industrial countries are capital intensive countries.
If the official exchange rate of the British pound sterling were changed from $2.80 to $2.40 under an adjustable pegged exchange rate system, the pound sterling would be
What is meant by the phrase laissez faire? explain its economic meaning, what the idea implies about what the role of government in the economy, and what justifies this perspective about the governments role.
The government has decided that the free-market price of cheese is too low. Suppose the government imposes a binding price floor in the cheese market. Draw a supply-and-demand diagram to show the effects of this policy on the price of cheese and the ..
What are the Public finance, public goods and social goods? What is the difference between public finance, public goods and social goods? How public finance, public goods and social goods affect on Financial Administration? How those working in Malay..
A profit-maximizing firm in a competitive market is currrently producing 100 units of output. Elucidate firm's profits, marginal cost, and average variable cost respectively.
Find the upper and lower bounds on the prices of the European Call and the Put options and then find their ranges. (i.e. all possible values).
The "interest-only" mortgage typically converts later to a:
The demand curve for a product is given by Qdx= 1,200- 3Px- 0.1Pz where Pz =$300. What is the own price elasticity of femand when Px =$140? Is demand elastic or inelastic at this price? what would happen to the firms revenue if it decided to charge a..
If the demand for used cars decreases after the price of a new car fallls, used cars and new cars are
What is the deadweight loss if buyers, instead of vendors, are required to pay the tax of $4 for each unit of the good sold.
When we look at different economic policies we see that Keynesian, monetarist and supply-side economics advocate for restraining inflation and reducing unemployment?
The state of Delaware issued and 8.75% bond with a face value of $1000 the bond sales for $1000 improvise 8.75% yield to maturity what-year-old on a corporate bond would result in both bonds providing the same after tax rate of return to an investor ..
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