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Political Instability Abroad Suppose that political instability in other countries makes people fear for the value of their assets in these countries so that they desire to purchase more U.S assets. Refer to Political Instability Abroad. What would happen to the dollar?
A. It would appreciate in foreign exchange markets making U.S goods more expensive compared to foreign goods.
B. It would appreciate in foreign exchange markets making U.S. goods less expensive compared to foreign goods.
C. It would depreciate in foreign exchange markets making U.S. goods more expensive compared to foreign goods.
D. It would depreciate in foreign exchange markets making U.S. goods less expensive compared to foreign goods.
Demand for a good is Qd = 20,000, 100 P. Supply is Qs = -1000 + 200 P. a. Find Q*, P*, consumer surplus, producer surplus, and total variable costs. Make a graph and label it. b. What is the elasticity of supply at the solution point? What is the ela..
What percentage of the total variation in the number of calls is explained by the regression model.
In distributing its line of high fashion clothing and accessories, Ralph Lauren considered the following channels. ALTERNATIVES a) Entering into distribution agreement with independent third parties (Macys*, Bloomingdales, Saks…), thereby, generating..
Which of the following are macroeconomic problems? Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers. Raw material inventory control. Cyclical unemp..
Isreal's real GDP was 514 billion new shekels in 2005 and 534 billion new shekels in 2006. Israel's population growth rate in 2006 was 2.2 percent. Calculate Israel's economic growth rate and growth rate of real GDP per person in 2006.
You now should realize how important it is for economists to try and predict future conditions of the U.S. economy. Economists are also interested in the performance of the economy at a more local level. Discuss how local and national forecasts play ..
Illustrate what will happen to the equilibrium quantity also price of a product in a competitive marketplace when the increase in demand exactly offsets the decrease in supply.
Suppose that the Bank of Canada unexpectedly decreases the money supply. What will happen to unemployment in the short run? What will happen to unemployment in the long run?
A 5 percent increase in the price of digital apps reduces the amount of tablet devices demanded by 3 percent. What is the cross price elasticity of demand? Are tablet devices and digital apps complements or substitutes?
Some economists suggest that the increase in e-commerce within the business-to-business (B2B) market will lead to greater competition and more goods and services becoming commodities, meaning they will compete solely on price. How do you think thi..
On a single graph draw marginal cost curve, average total cost curve and average variable cost curve for a typical firm. Explain how area that represents profit or loss this firm will earn.
Now suppose that it costs $20 to migrate to the United States. Who will migrate to the United States? What has happened to the skill level of those who elect to migrate? What has happened to the average skill level in the home country? Why?
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