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1. What effect does the Dollar depreciation and appreciation have on US trade balance? Explain.
2. Discuss the pros and cons of a fixed-exchange rate regime.
Illustrate what government assistance programs does the Census Bureau consider when calculating household income.
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.
Elucidate how much consumer surplus would be created by randomly assigning buyer to sellers. Which method gives the larger surplus.
The government decides to tax cookbooks because they feel that they encourage overeating and can lead to health issues, such as obesity and heart disease. Answer the following
Which of the following statements goes against Porter's 5 forces model?
A firm believes the sales volume (S) of its product depends on its unit selling price (P) and can be determined from the equation P = $100 - S. The cost (C) of producing the product is $1000 + l0S.
Write a well-reasoned argument defending your stance. If deposit insurance were abolished, elucidate how would this change incentive structure facing deposit theory institutions.
Why considering that it snows only once every ten years where Joe lives, Joe's expectations are almost always perfectly accurate." Are Joe's expectations rational.
Explain how specifically does this information affect your desire to sign a two-year contract with Toy Yachts R Us.
Explain how can each of the 10 principles be applied in an example or expeerience with which you are familiar.
State whether the following characteristics represent monopolistic competition, oligopoly, or both.
3. assume a monopolist who sells a product with a total cost function c -100q 15q2. the market demand is given by the
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