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Research Assignment
Use the globalEDGE (https://globaledge.msu.edu)website to complete the following exercises:
Sometimes, analysts use the price of specific products in different locations to compare currency valuation and purchasing power. For example, The Economist's Big Mac Index compares the purchasing power parity of many countries based on the price of a Big Mac. Using Google, locate the latest edition of this index that is accessible. Identify the five countries (and their currencies) with the lowest purchasing power parity according to this classification. Which currencies, if any, are overvalued?
The Bureau of Economic Analysis is an agency of the U.S. Department of Commerce. It lists data about the U.S. economic accounts, including current investment positions and the amount of direct investment by multinational corporations in the United States and abroad. Prepare a brief report regarding the direct investments of other countries in the United States. Include in your report the leading countries in foreign direct investment.
Describe the maximum insurance premium that the individual is prepared to pay.
If the customer is rational explain how can use affect their economic decisions
Find out the profit maximizing level of price and output. Discuss an alternative regulatory regime, and discuss the merits of both.
What is Country A's GDP - What is the composition of GDP by percentage and what is the GDP per capita
Give an intuitive explanation for how the multiplier works on a reduction in autonomous aggregate expenditures. Why does equilibrium real GDP fall by more than the change in autonomous aggregate expenditures?
A machine cost $4,000. It lasts two years and has no salvage value [that is, it has no value at the end of those two years of use]. In every year, it produces $ 2400 in income. Should the company invest in machine if the interest rate is 10 percent?
Describe current economic crisis growing unemployment which have impact on price elasticity of health care demand.
Suppose that you are the top marketing manager for the Pepsi-Cola Co. You are engaged in an intense battle for market share in domestic beverage market with Coca-Cola Co.
I'm trying to make sense of this statement, and I'm having a hard time. Why do increased interest rates mean that people hold less wealth in the form of money?
Your organization has invested $6 million in a new Trilithium crystal technology project. The company will generate huge profits if the project is successful.
Assume an employer offers a base wage of twenty dollar per hour for the 1st 40-hours of a work each week and overtime pay of thirty dollar per hour for any hours beyond forty per week,
Suppose that deterioration in the education level of the U.S. population reduces the marginal product of labor.
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