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Describe how a change in the exchange rate affected your firm. Explain what happened to your price and quantity. How can you profit from future shifts in the exchange rate? How do you predict future changes in the exchange rate?
the marginal product of any input in the production process is the increase in the quantity of output produced from
Compute the percentage change from 2009 to 2010 in the four U.S. bilateral ex- change rates (defined as U.S. dollars per units of foreign exchange, or FX) in the table provided.
consider an islm model of an economy with the following equationsc 300 0.6ydi 100 - 5i 200 100t 0.2yl 0.5y - 30i
A gardener can use one of the three brands of fertilizers during the next growing season. The following decision table shows the expected gross income per acre for each fertilizer brand and weather condition for the growing season.
Using year 1 prices, what is real GDP per worker in year 1 and year 2? What is labor productivity growth between year 1 and year 2 for the whole economy?
suppose that the government chooses conscription. that is the government forces the representative consumer to supply a
The original consumer equilibrium before the tax and the impact of the tax on the budget line and the new consumer equilibrium after the imposition of the tax.
Questions: : Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month? Explain your choice.
what is foreign aid and what is the goal of foreign aid? does foreign aid promote economic development? explain
A Firm has total cost function given by following: What is the Total fixed cost when Q = 100? And Average fixed Cost when Q=100?
1. two homeowners indexed by a and b possess the following demand curves for the consumption of landscaping water.
Review and describe the General Agreement on Tariffs and Trade (GATT)? List its main accomplishments and discuss how it differed from the now functional World Trade Organisation.
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