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1.Describe what occurs to American imports and exports when the U.S. dollar is strong. Describe what occurs to American imports and exports when the U.S. dollar is weak.
2.What precautions can the Federal Reserve take to avoid inflation for the entire economy?Explain each precaution using a specific example
3.What is meant by the term ‘stagflation'? What happens if stagflation occurs within the economy in terms of consumer spending and consumer confidence?
Summarize the history of your chosen firm and provide an overview for what it does and what goods/services it sells.
Home has 1,200 units of labor available. It can produce two goods, apples and bananas. The unit labor requirement in apple production is 3, while in banana production it is 2.
Consider A monopolist that faces the constant elasticity demand curve y(p) = p^e where e 0. ASlso assume that the monopolist pays a quantity tax of t > 0. a) verify that the demand curve is in fact of the constant elasticity variety
So compute the variance of each stock, where $50 is invested in each, and the variance of the portfolio will be four times this amount.
In what ways does our trade model require further extension?
(a) Find the marginal probability density function of Y (b) Find the conditional probability density function of Y given that X=2 (c) Find the covariance of X and Y (d) Are X and Y independent 1 3 9 2 1/8 1/24 1/12 X 4 1/4 1/4 0 6 1/8 1/24 1/12
The company you work for has a high speed 5-axis milling machine which was purchased 5 years ago for $200,000 and has a 10 year life. This machine is currently idle and can be used to make a product designed by a research institute
An auto dealership estimates that its demand curve has an elasticity of 2.78. If it wishes to increase sales by 12%, by how much should it decrease price What will happen to revenue (rise or fall) If instead it raises price by 20%, what is the per..
Fred Smith owns a British Consul, a security which pays the equivalent of $1000 U.S. each year on September 15, forever. Fred has recently considered selling the security. The current interest rate is 10% a. What is the minimum sales price he must..
A procedural means of lowering the cost of litigation is to "bifurcate" (separate) the issues of liability and damages into separate trials. This allows society to save the cost of a trial in cases where the defendant wins. Suggest why this may ha..
What is the relationship between 1 MB of storage and 1EB of storage?
What is the Nash equilibrium in this game?
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