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Given the above information that the US CPI = 235, UK CPI = 215, and the current nominal exchange rate = .85 pound per dollar, what does the Theory of Purchasing Power Parity predict the nominal exchange rate to adjust to? Enter your answer in pound(s) per dollar rounded to two decimal places.
When looking at the role of tax cuts, you will find out that this can be effective for our economy.
Suppose a household's annual take-home pay in 1951 was $8,320. Elucidate what would be an equivalent home pay in 1982.
According to national income accounts, investment always equals savings in a closed economy. only in equlibrium would savings be equal to investment. hence, we are always in equlibrium. true or false.
A contractor is looking at purchasing a new piece of construction equipment. He can either buy it now or two years from now. The cost is $68,000 if purchased now. If purchased in two years, it will cost $81,000. Assume i = 10%/year and inflation f = ..
Elucidate using the example of multiple equilibria in the labour market. Illustrate diagrammatically
Describe how changes in the macro environment affect individual firms and industries through the micro economic factors of demand, production, cost and profitability.
Explain why cooperative approaches may stand up to legal review more easily in unionized plants than in non-unionized environments.
the price to BBB-rated companies rose from 37.5 basis points in 1998 to approximately 129 basis points in 2002. This is a 244% increase in the price or spread. Explain these changes using shifts in demand and/or supply.
Ellen and May can produce two goods in a day, breakfast bars and frog food pellets. In a single day, May can make 10 breakfast bars or 30 frog pellets
q.assume there are 2 products clothing as well as soda. both brazil plus the us produce each product. brazil
Suppose that Taher's pizza business operates under competitive conditions and that his short-run production function is q=20^E. How much labor does he employ if the price of each pizza is p = $12 and the hourly wage is w0 = $6? [Hint: In this case, i..
q1.the item to rice or paintings. which product did you expect to have a higher index of intra-industry trade and
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