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Q1. Suppose that on January 1, the price of one hundred yen was $0.80 and PPP held. Over the year, the Japanese inflation rate was 5 percent and the U.S. inflation rate was 10 percent. If the exchange rate at the end of the year was $0.90, does the yen appear to be overvalued, undervalued, or at the PPP level? Explain your answer.
Q2. It has been noted that during World War II, Germany made a critical mistake by having its formidable Tiger tanks produced by locomotive manufacturers while the less formidable U.S. Sherman tank was produced by American car manufacturers. Use the product-process matrix to explain that mistake and its likely result.
Find out the equilibrium price and quantity that will prevail in the market. At a price of $10, would there be a surplus or shortage.
Critically examine the impact of WTO on US industry since its inception?
Discuss opportunities to expand in U.S., what would take and potential hurdles firm would have to overcome. Be sure to identify specific retail companies that could potential sell CPI's products, markets that would be attractive and some of financ..
Great post, you gave us a lot of useful information but how do you think that net exports will affect each of the items listed.
Describe how each of these activities affects government, households, and businesses. Describe the flow of resources from one entity to another for each activity.
Depends on the evidence in this article and what you know about the economy in the United States, decide which of these statements is most likely to be true.
Master Card has a series of cute commercials that list a series of accounting items also costs leading to a costless product.
Illustrate what are the costs associated with this non-native species.
What can you infer about expected change in the exchange rate between the Canadian dollar and the U.S. dollar? A friend proposes a get-rich-quick scheme.
If GDP is increasing by 3% every year Explain how long will it take GDP to double. Given the same conditions above, Explain how long will it take Every Capita GDP to double if the population grows at 2%.
Discusses an example of a regulatory measure which was supposed to serve public interest, but in reality serves private interest.
What is the belief that laws are justified if they prevent a person from harming him- or herself known as?
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