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Go to Census Bureau's webpage on US trade balance by country. What were US import from Mexico Canada Japan and China in 2001. Next obtain total US import in 2001. Finally compute the proportion of total US import in 2011 that came from Mexico, Canada Japan and China.
Why is the money multiplier in the United States smaller than the inverse of the required reserve ratio? Provide one (1) reason. Explain why depositing cash into a checking account does not change the money supply. Provide at least one (1) supporting..
Given that the half life of Radium-226 is roughly 1600 years, find a formula for the mass of Radium that remains after t years by solving a differential equation.
Given the supply curve from part a. the price of a Picasso Blue Period work will be entirely dependent on what factor(s)? Draw a diagram showing how the equilibrium price of such a work is determined.Why is this supply curve different from ones you..
Relate the most significant impact of one or more of these factors and how they helped transform the American economy as it approached the eve of the Civil War.
Explain how much control might an organization have over pricing based on a product's elasticity
What is the velocity of money in this economy? If output is 1000 units, i is 4 percent and money supply M is $1,200, what is the price level P?
Due to an increase in her rent, Isa needs to cut back her spending on other items. Which type of goods will Isa consume less of.
Suppose the level of autonomous expenditure, which we could call A, rises by AA. What is the effect on the level of equilibrium national income?
Discuss the dangers of a high debt to GDP ratio and a growing budget deficit and What is the first action you would take as the president? As the chairman of the Fed? Why? What would be your subsequent steps?
Explain and discuss the mechanisms by which this has occurred, and contrast our experience with: a) the recent performance of many NICs (newly-industrializing-countries) in the last few decades
What was the major reason behind the drop in international oil prices? Drawing a supply and demand sketch could be useful - Explain how a weakening yen and low oil prices can help the Japanese economy.
To increase tax revenue, the U.S. government in 1932 imposed a 2-cent tax on checks written on bank account deposits. (In today's dollars, this tax would amount to about 34 cents per check.) a. How do you think the check tax affected the currency-..
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