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Q Until early 1980's, Japan required its large insurance companies to invest all of their vast holdings in Japanese securities. At prompting of United States, Japan relaxed restrictions and allowed companies to invest anywhere in world. What effect do you think this had on yen/dollar exchange rate and trade balance between two countries?
She tells her friend that the additional utility she would get from the second pair of sneakers is the same as the additional utility she would get from the fifth sweater.
Illustrate what price should the firm charge to realize the targeted profit. Illustrate what would be its (cost-based) markup ratio.
Describe the slope of the isocost and isoquant curves, and hence derive a relationship between the productivity of capital and the productivity of labour.
Describe at least four characteristics of a good business.Identify and talk about at least four companies that you regard as having the characteristics.
If the number of suppliers in the micro calculator industry increases, illustrate what would we expect to happen.
Explain how each of the subsequent events affects the equilibrium price also quantity of pizza- the price of mozzarella cheese rises.
Describe the rationale behind arriving at figures for the natural rate of unemployment, stable prices, and sustainable economic growth.
"The problem with economic policy becomes most obvious when attempts are made to tinker with little economic changes, as the tools governments have at their disposal are too crude." This statement is a criticism of
Does a persistent balance of payment deficits result in a pressure to devaluate the currency.
Illustrate what is true about the prices they are able to charge and their revenue if they try to practice second degree price discrimination as the Bills did.
The following sets of statements contain common errors. Elucidate and identify each error.
If Robinson Crusoe can, either shoot 5-wild geese or catch 15-fish, on average, for every hour of labour effort. i.e. opportunity cost of shooting one wild goose is three fish.
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