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If you were in charge of macroeconomic policies in a small open economy what qualitative effect would each of the following events have on your target for external balance ?
A. Large dposits of uranium are discovered in the interior of your country
B. The world price of your main export good copper rises permanently
C. The world price of copper rises temporaily
D. There is a temporary rise in the world price of oil .
Diagram a game in which they choose whether to vote or not to vote.
Estimate what would happen to the market price as a result of the supply of both the incumbent firm and the new entrant. Approximately how much profit would each firm earn?
In 1994, the marginal cost of producing the Power Mac was about $1500 per unit, and a rough estimate of the monthly demand curve was: P= 4500-.15Q. At the time, what was Apple's optimal output and pricing policy
A car rental company has determined that the probability a car will need service work in any given month is 0.2. The company has 900 cars. a. What is the probability that more than 200 cars will require service work in a particular month.
a loan of $100,000 is being cleared in 120 equal end of time period payments. the interest % corresponding to one time period i=10%. a) what is the payment value of A.what is the balance immediately after the 40th payment is made.
U(C,1day-L)=4C2/3(1day-L)1/3, where C is the amount of consumption and L is the number of hours worked. If the price for consumption is $9, the wage rate per hour is $6, initially the consumer had $162 and 24 hours as time endowment;
An alternative has a discounted project cost of $2,195,000 with no salvage value. The estimate was in constant dollars and the discounting used mid-year factors. While the period of analysis is 5 years, the alternative only provides benefits for t..
a) If pizzas sell for $14, what is Pat's profit-maximizing output per hour What is her profit (or loss b) What is Pat's shutdown point (Hint: how low can Pat's price get before is shuts down) c) Graph Pat's MR, MC, ATC on the same diagram.
What percentage of the population of each country is in the labour force and what are the similarities and differences between the three countries in terms of the percentage of the population that works in each type of industry?
What if you know that only 50 million tickets have been sold. Explain why, if people tend to use their childrens' birthdays when selecting numbers to play on the "Pick Three" lottery, you might be better off using the last six digits of your Socia..
Is the firm maximizing its economic profit? How do you know? What should the firm do to maximize profit? Should it increase or decrease output?
What if the share of teenagers in the labor force increases from 10 to 15 percent. How will this affect the aggregate unemployment rate?
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