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The New Zealand dollar pushed toward U.S.55c yesterday as the greenback was dumped on a surprise U.S. Federal Reserve initiative to pump more money into a still-choked financial system.
a. Prior to this move, was the NZ dollar trading at U.S.56c or U.S.54c? Explain your reasoning.
b. Why would the U.S. dollar fall on this news?
c. Why would the Fed have been pumping so much money into the financial system in 2008?
Explain how did the invention of crack cocaine transform the urban street gang. As per the data cited in this chapter, civil rights laws and a shift in the attitudes in the United States regarding race helped to improve the status of black society..
q.a machine has a first cost of 100000 in todays dollars and a salvage value of 40000 in current dollars at the end of
The market demand curve is given by P = 100 - 4Q. Also, each firm has constant marginal cost equal to 28. There are no fixed costs. How much output will each firm produce in the Cournot equilibrium?
A monopolist faces demand given through: P=100-4Q and has marginal costs given through: MC=10+2Q Create the demand, marginal revenue and marginal cost curves. Compute and demonstrate how much this firm will sell and what it will charge.
q. assume the united states exports 2000 computers at a cost of 3000 each and imports 200 uk autos at a cost of
smaller multiplier means that change in government purchases of goods and services, government transfers, or taxes necessary to close an inflationary or recessionary gap is larger. How can you explain this apparent inconsistency.
The law of comparative advantage recommends that countries specialize in those products in which they have a comparative advantage, not an absolute advantage.
Given that the demand for tickets is a binomial random variable with parameters n = 10 and p = 1/2, illustrate how many tickets should she buy in order to maximize her expected profit.
explain how and why a monopolist would try to price-discriminate: Providing air travel for business people and tourists; A fast-food restaurant that serves business people and retired people
Marge opens an oxygen bar in a building she owns. She utilized to rent the building to her brother in law.
In fact, an insurance agent explains that he is always true. Nevertheless, the engineer buys fire insurance. Explain why this is or is not a logical decision.
How great an open market purchase or sale of securities should the central bank undertake to restore the original interest rate.
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