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Draw up a balance of payments table similar in format to Table 13.3, using the most recent data from any developing country (consult the IMF's International Financial Statistics at https://imfstatistics .org/imf, or for broader coverage, see links in https://imf.org/external/data.html for the most recent data). Explain the significance of the various entries in the current and capital accounts. What is the status of the country's international reserves, and how do they compare with those of one year ago?
Suppose you are a consultant for a firm that is perfectly competitive. The firm is worried only about its policies in the short run. What would you recommend in terms of quantity changes (raise, cut, shut down or stay put)
The price of a pie is now $11 how many pies are sold How many pies does each producer make How many producers are there How much profit does each producer earn c. Is this situation described in part (b) a long run-equilibrium
Can (Evade, Audit) ever be a Nash equilibrium? What does this imply about the punishment structure?
A market study found that the served by Online Tutors can be divided into two types of students: students needing help with math, who are primarily interested in math tutoring but may be interested in some science tutoring.
On the basis of the information regarding the risk involved in the two projects, you come up with the following probability distributions for the projects:
The California Instruments Corporation, a producer of electronic Equipment, makes pocket calculators in a plant that is run autonomously. The plant has a capacity output of 200,000 calculators per year, and the plant's manager regards 75 percent o..
Why is the fact that stock prices follow a random walk a signal of stock market efficiency? What would have to be true if stock prices did not follow a random walk?
Find an expression for the output per worker as a function of the capital-labor ratio.
consider a monopolist facing the market demand p=100-2q. Marginal cost equals to 10; How many unit will t produce At what price Compute and identify in a graph: monoplist profit, consumer surplus and deadweith loss.
The Zenvox Television Company faces a demand function for its products that can be expressed as Q = 4,000 - P + 0.5I, where Q is the number of televisions, P is the price per television and I is the average monthly income. Average monthly income i..
What is achieved by selecting the quantity of an activity at which marginal benefit equals marginal cost?
Despite very low growth of GDP in 2008 and 2009, and still high unemployment rate of 9.5 percent in June 2010.
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