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Question: The Economist observed the following: "In Argentina, many loans were taken out in dollars: this had catastrophic consequences for borrowers once the peg collapsed." What does the article mean that Argentina's "peg collapsed"? Why was this collapse catastrophic for borrowers in Argentina who had taken out dollar loans?
How does a firm then maximize their total revenue? Describe the relationship of the demand curve and total revenue curve, indicating which of the four types of market structures market power like this would occur (i.e., perfect competition, monopo..
What are some of the ethical dilemmas encountered by traders in their pursuit of profits for both their company and themselves?
Use the classical (RBC) model
in march 2010 president obama announced an initiative to double the u.s. exports by 2015. you work for the u.s. chamber
Suppose that you own a car wash and that its total cost function is: C= 20 + 2Q + .3Q^2, where C = total cost (in dollars) per hour and Q is the number of cars washed per hour. You receive 5 dollars for each car washed. What is the optimal number of ..
What is the monopolist's total cost function?
consider the market for fire extinguishers.a. why might fire extinguishers exhibit positive externalities?b. draw a
The manager of a public utility supplying electricity to a significant portion of a geographic region presides over an electrical generation facilities that can make electricity using either natural gas or oil,
Calculate the ratio of your answer for (b) to the circumference of the initial circular orbit. What percent of the initial mass was expelled as combustion products?
In recent weeks the US economy has been operating with an 7.2% unemployment rate and about 2% inflation. Consider the following changes and use a separate graph each time and a very brief explanation to show the effect of this policy
Evaluate a budgeting system at any governmental level. Analyze the scope and sequence of budgeting in terms of sources of revenues, purpose of government expenditures, budget cycles, budget preparation, and debt administration.
Which of the following is (are) most likely to be produced under conditions resembling perfect competition - automobiles, beer, corn, diamonds, and eggs. Defend your answer in economic terms.
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