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Over the course of a year, a nation tracked its foreign transactions and arrived at the following amounts:
Merchandise Exports = 600
Service Exports = 125
Net unilateral transfers = (50)
Domestic assets abroad (capital outflows) = (325)
Foreign assets at home (capital inflows) = 445
Changes in official reserves = 30
Merchandise imports = 720
Service imports = 105
I need to compute the following (please provide calculations):
1) Its current account balance is
2) This nation's balance of trade is
3) The nation's capital account balance is
Employ an isoquant and isocost diagram and words to show how firms will respond to the decrease in the wage rate. Be sure to identify the short run scale effect and the long run substitution effect.
spreadsheet 2. an individual is considering two investment projects. project a will return a zero profit if conditions
What were the key provisions of the American Recovery and Reinvestment Act passed by congress in February 2009? How has the impact of the act been evaluated?
Write down the Lagrangean function associated with this problem and derive the first-order conditions for this problem.
a monopolist has determined that marginal revenue is 2.00 and average cost is 1.75. it has also determined that the
Suppose that the economy is currentlyat potential output. Also suppose that you are an economicpolicy maker and that a college economics student asks youto rank, if possible, your most preferred to least preferred type of shock
1. suppose that the linear market supply curve starts on the price axis at 8 per box and that the linear market demand
suppose your local congress representative suggests that the federal government should not intervene in the baseball
For a particular good, a ten percent increase in price causes a three percent decrease in quantity demanded. Which of the following statements is most probable applicable to this good?
Economists often argue that wage rates reflect productivity. Yet, the wages of house painters have increased nearly as rapidly as the national average, even though these workers use approximately the same production methods as they did 50 years ago.
1. assume that a monopolist has a demand curve given by p 1500 - 4q and tc 100 5q2 with mc 10q.a if the firm
Identify what problem this economy is facing and describe two specific policies the Federal Government might follow assuming the MPC in this economy is 0.67. Provide specific numbers when describing the outcomes of the two different policies and e..
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