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Consider a case of small open economy. In this economy, there is an IT revolution, and as a result the productivity of the economy has gone up. What will be the eject of this productivity increase on interest rate and net export in this economy? Use the model to explain you answer.
(a) What will be the long-run impact of an increase in budget deficit in a closed and in a small open economy?
(b) What will be the long-run impact of an increase in budget deficit in a large open economy like the U.S.?
(c) Explain the impact of an exogenous increase in world savings on large economy's investment, interest rate, exchange rate, and trade deficit?
(d) Do you agree with the "Savings Glut" hypotheses that argue that the low interest rate in the U.S. between 2000-2007 was caused by excess savings in the developing countries?
The salvage value at the end of the useful life is 0$0.00 (zero) sing a straight line depreciation method and double declining balance find the depreciation at each year and the book value .
question 1.1. demand for a company product is q400-0.5p and tc2000050q3qsquare total profit is maximized at output
Why is economics considered a social science? What role does economics play in your personal and professional lives?
The Immediate lyric Division accused Microsoft of forcing consumers to buy Internet Explorer whenever they bought Windows
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using the ZZ/Y and NX graphs, illustrate graphically and explain what effect a reduction in taxes will have on output, exports, imports, and net exports. Clearly label all curves and clearly label the initial and final equilibrium.
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John wants to travel from Pittsburgh to Philadelphia. It takes him 5 hours to drive by car or 1 hour to fly by plane. If the total car rental (fuel and other costs are included) cost is $120 and flight ticket from Pittsburgh to Philadelphia is $200, ..
Based on the possible beneficial externalities from college education dispute for whether or not a case exists for public funding of college education.
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