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1. What is the meaning of an account labeled "statistical discrepancy" or "errors and omissions"? If this account is a credit, what does that imply about the measurement of other items in the balance of payments?
2. Why must the national income of a closed economy equal the national expenditures of that economy? What separates the two concepts in an open economy?
3. Explain why private national saving plus govern- ment saving equals the current account of the balance of payments.
4. It has been argued that the high correlation between national saving and national investment that Feldstein and Horioka first measured in 1980 is not evidence of imperfect capital mobility. What arguments can you offer for why they might have misinterpreted the data, and what do recent investigations of this issue imply about the degree of capital mobility throughout the world?
a consumer product company is considering introducing a new shaving system called delta-4 in the market. the company
consider the economices of spain and the united states. in spain unemployment is 25.1. there suppose that in a given
how should the british and french manufacturers of the concorde commercial airliner take account of the plane's development costs in determining the price to charge airline companies should they suspend production if they can.
suppose you go to a restaurant and buy an expensive meal. Halfway through despite feeling quite full, you decide to clean your plate. After all, you think you paid for the meal. So you are going to eat all of it. What’s wrong with this thinking?.
Discuss the differences between the classical and Keynesian versions of macroeconomic model - Calculate the equilibrium exchange rate, level of income and net exports.
1. Draw this game in extensive form. Be sure to fully label the game tree. 2. What is the subgame perfect equilibrium outcome? 3. Would you advise Enterprise to build the widget factory?
Farm Fresh Corporation supplies sweet peas to canneries located throughout the Mississippi river Valley Like many grain and commodity markets, market for sweet peas is perfectly competitive.
If price falls from $200 to $150, what is the elasticity of demand over this range?
a paint factory produces paints but in the process transmits chemicals into the soil below the factory. these chemicals
Eluciadte the work of how the answer was derived. David Upton is president of Upton Manufacturing.
What other macroeconomic change might bring about a currency depreciation coupled with a deterioration of the current account, even if there is no J-curve?
You all hear on TV every day or so that the United States customers has been holding up and kept our economy going.
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