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Graph the demand for and supply of Australian dollars for euros and level each axis. Ceteris paribus, show graphically and explain the effect of an increase in Australian government budget deficits that increase Australian interest rates on the demand for and supply of dollars and the resulting change in exchange rate of euros for Australian dollars. Why might the budget deficit lead to a current account deficit?
Explain how might Peterson draw on the insights of new growth theory to draft a position statement ruling out unhindered immigration but proposing greater openness to "targeted immigrants".
Do you agree that the philosophy of social justice is preferable to the philosophy of market justice? Which is likely to lead to greater improvements in public health? Give an example or illustrations
a person desres to accumulate 18500 over a period of five years from now so that a cash payment can be made foe a new
Explain for economic concepts that you consider important. Justify your answer?Explain the importance of elasticity as a analytical tool for macroeconomic analysis?
Suppose we want to compare the effect of a tax cut in the economy given in the first problem to the effect of the same size tax cut on an economy with a MPC of 0.8. If everything else about these two economies is the same (except for their MPCs),..
Calculate the elasticity of demand and elasticity ofsupply; what do you conclude from these answer
If Australia increases its production of ethanol from 40 barrels per day to 54 barrels per day, what is the opportunity cost of an additional barrel of ethanol? If ethanol production increases from 54 barrels to 64 barrels, what happens to the opp..
Explain the causes of recent recession and when it started and when it technically ended. Finally why the recent recession was called the worst recession after the great depression.
After being a doormat for much of their existence, the Brooklyn Dodgers became a dominant team as soon as they broke the color line in baseball. Explain why in the context of an economic model of discrimination.
What specific economic policies would you propose to accomplish these goals? What do you believe would be the short- and long-term effects of your policies on both inflation and unemployment rates? Provide justification and examples to support you..
A retailer finds that the demand for a very popular board game averages 100 per week with a standard deviation of 20. If the seller wishes to have adequate stock 95% of the time, how many of the games must she keep on hand?
Identify growth in output per capita and in population growth - Is it an open or closed economy and identify its comparative advantage and whether it is involved in trade.
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