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If the United States imports a specific product and exports a different product, what is the likely effect on the price of the product that the United States imports?
a) The price of the imported product increases because demand for the product increases.
b) The price of the imported product increases because the overall supply of the product decreases.
c) The relative price of the imported product decreases in the United States and increases in the rest of the world.
d) The price of the imported product decreases both in the United States and in the countries that export the product to the United States.
If the dollar is devalued against gold and the pegged rate is changed to $40 per ounce, illustrate what does this imply for the exchange value of the pound. Explain your answer.
Ann Page Corporation has fixed expenses of $30,000 per year. Variable expenses per unit are $17. Sales price per unit is $30.
Construct a PPF for a country that produces food and video games and faces increasing opportunity costs. Show how the PPF changes given the following events.
What is mission of NYTHESE. Firms must pay a fee to list their shares for sale on NYTHESE. What would be fee for a firm with 5 million shares common outstanding.
Explain with a graph and a verbal explanation how a ticket price ceiling placed on a monopoly sports franchise (that does not sell out its games) may actually lower ticket prices and raise attendance.
Explain the shape of a monopolist’s marginal revenue curve and draw it on a graph. Use intuition, math or both in your explanation.
q1. in recent decades americans have increased their purchase of stocks of foreign base companies. the americans who
Illustrate how do you think this would affect household spending on goods and services.
Two similar farms could have the same return to management but different net farm income due to:
Let's assume the money supply is 'backed' by the real GDP, which it is. If the money supply were to increase faster than the real GDP did, what would happen to prices, and why? What would happen if the money supply couldn't grow, as it couldn't, when..
Hot or Cold: Is Communicating Anger or Threats More Effective in Negotiation. Are threats or anger more effective in negotiation? Please discuss the authors’ findings on the issue, and provide your own input based on the experience.
The first cash flow of a 25-year series of quarterly cash flows is equal to $35,000. Each cash flow in the series increases by $800. Find the amount of each cash flow in an equal quarterly cash flow series that is equivalent to the increasing cash fl..
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