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Q1. If Argentina wanted to pay off their U.S. dollar debt after the peso devalued, how many Argentine pesos would it cost given the new exchange rate you just calculated? What would this mean for Argentina?
Q2. Compute values of nominal GDP and P. Compute the inflation rate. Given Y= 800, 2008, MS= $2000, P= $5/bushel,
a) compute 2009 values of nominal GDP and P. Compute inflation rate for '08-'09.
b) If tech. causes Y=824 in 2009. What is inflation rate from '08-'09
Identify and explain the incentives for entrepreneurship. Address why someone would willingly take the numerous risks associated with running a business. Also, discuss the major attributes necessary for a successful entrepreneur
Draw the isoquants for coffee production. Write down a mathematical expression for the production function for coffee.
Find out statistics on the web from 2004 to present on following indicators of the macroeconomic conditions of the U.S. economy.
the probability of damage between $10,000 and $25,000 to be.12 If the company wants to make a profit of $200 above the expected cots, what should be the price of the policy?
In a recent article, a researcher reported that he had found the demand curve for kerosene to be upward sloping.-as the price of kerosene rose the quantity demanded of kerosene increased. Illustrate what questions might you have for this researche..
Does the lender gain or lose from this unexpectedly high inflation. Explain does borrower gain or lose.
Explain how does the existence of money reduce the costs of making transactions, relative to a society based entirely on barter.
Explain how both the flow-of-product approach and the earnings approach can be used to measure GDP and the role profit plays in these calculations.
Compute the short- run and long- run results, explain the changes in the price and in the number of firms.
The company has determined that it would earn zero economic profits if price were equal to average total cost, and in this case it could sell 20,000 copies. In the short run, what is the profit-maximizing price of e-books relating to do-it-yourself..
Fair weather helps produce the best crop of peanuts in a decade. Which determinant of cumulative demand causes the change
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