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Canada is the largest trading partner for the United States. In 2009, U.S. exports to Canada were more than $171 billion and imports from Canada totaled more than $224 billion. On January 1, 2009, the exchange rate between the Canadian dollar and the U.S. dollar was 1.224 Canadian dollars = 1 U.S. dollar. On January 1, 2010, the exchange rate was 1.05 Canadian dollars = 1 U.S. dollar. Explain how this change in exchange rates could impact U.S. consumers and firms?
Consider a committee that consists of three people, A, B, and C, that is to examine three proposals, x, y, and z. The committee can adopt at most one of the three proposals; it also has the option of adopting none.
You have the chance to buy either one of two bonds. The first is a tax-free municipal with a coupon yield of 6.5%. The second is a corporate bond with a yield of 8.5%. Both bonds are rated AA. Your tax rate is 28%.
What does the president and congress do to stimulate the economy? What does the president and congress do to contract the economy?
The widget market is competitive and includes not transaction costs. Five suppliers are willing to sell one wide at the following prices: $30, $29, $20, $16, and $12. Five buyers are willing to buy one widget at the following prices: $10, $12, $20, $..
Historical Immigration Patterns and Real Wages. Between 1870 and 1910, 60 million Europeans left Europe to go to the United States, Canada, Australia, and Argentina. This immigration sharply increased the labor force in these countries, but decrea..
compute the r and y in which the two markets are clearing.
In you are given a pair of equations, one representing a supply curve and the other a demand curve, where p is the per unit price for x items.
in avataria one-forth of all females born die in infancy and the rest of them live until age 60.women bear 1 child at
Suppose a consumer buys 10 units of good X and 20 units of good Y every year. The following table lists the prices of goods X and Y in the years 2005-2007. Assume that these two goods constitute the typical market basket.
Which of these two components has been more volatile? How do recent quarterly percentage changes compare with the previous years' changes? Looking at the investment data, what investment forecast would you make for the upcoming year?
Using the midpoints formula presented in the text, calculate the elasticity coefficient for each price level, starting with the coefficient for the $4 to $6 level. For each coefficient, indicate what type of elasticity is indicated, elastic demand..
You are considering dividing an investment portfolio between a risk-free investment with a return equal to 5% and a risky investment with a mean return of 12% and a variance σ2=30. Your coefficient of risk aversion is 0.4
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