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Q1. Suppose that there are two products: soda along with clothing. Both Brazil and the United States produce each product. Brazil produces 100,000 units of clothing for every year also cans of soda are 50,000. The United States produces 65,000 units of clothing for every year also cans of soda are 250000. Assume that costs remain constant
Q2. A very small country's gross domestic product is $12 million. If a government expenditures amount to 7.5 million and groos private domestic investment is 5.5 million, what would be the amount of net exports of goods and services?
suppose that a big mac costs 5.00 in new york and sf30 in geneva. suppose further that the price of 1sf on that day is
Sketch a simple T-account for First National Bank which has $5,000 of deposits, a required reserve ratio of 10 percent, and excess reserves of $300. Make sure you balance sheet balances.
an economy has a total amount of 100 units of a good to allocate between two persons-amanda and britney. amandas
Assume to fruit-picking can be done by children or adults, but to adults are twice as efficient as children
At 6% interest, how much money is required in the trust fund to provide for the laboratory and equipment and its perpetual operation and equipment replacement?
Explain how does the price elasticity for flu vaccinations change in times when flu is more prevalent versus times when flu is less prevalen.
Illustrate what if accidents costs decrease with precaution. Explain how does this affect efficient level of precaution. Explain.
What should the jackpot be before the expected payoff is worth your $1.00 bet. Assume that the state takes 60% of the jackpot in taxes, that no one else is a winner, and that you are risk -neutral.
Since the cash flows compose a gradient series followed by a uniform series, solve the problem using those factors. Determine the FW of the cash flows.
Calculate the amount of former foreign monopoly profit that is transferred as tariff revenue to the home country when the home country imposes the tariff.
Illustrate what has happened to the value of the dollar. Illustrate what are the comapny's hourly labor costs in dollars at both exchange.
The text noted that money performs three basic functions. Select one of these functions and describe the ways rapid inflation could undermine money's ability to perform the function you selected.
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