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An early goldsmith banker earned a profit (sometimes a large profit) simply by writing notes to certify that a person had deposited a certain amoumt of gold in his vault. By writing more notes than the amount of gold held, the goldsmith could lend the notes and charge interest on them. Did the goldsmith bankers make money out of thin air in a form of legal theft? Should the goldsmith bankers have been regulated to ensure that the amount of gold in their vaults equaled the value of the notes they created? What were the main benefits fromt he activities of the goldsmith bankers?
Suppose your corporation operates in MS Delta and imported inputs are used in final product. The final item is then exported to the rest of the world.
Illustrate what is your forecast of the future value of the domestic currency. Explain.
Eluidate the difference among comparative advantage and absolute advantage.
An University President wants to reduce expenditures on fringe benefits
This is in conflict with the world wide trend of globalization?
Describe supply and demand, major reason(s) for the price increases and fluctuations, and international factors, if applicable. You should use at least four references.
What is the equivalent present value of the following series of payments: $7000 the first year, $6500 the second year, $6000 the third year, $5500 the fourth year, and $5000 the fifth year? The interest rate is 10%, compounded annually. Answer: $2..
Using the data provided above, determine if the Hernandez Corp. is using a cost minimizing combination of inputs. Explain your answer/show your work. If your answer is no, how should the input combination be adjusted.
The average weekly earnings of bus drivers in a city are $950 with a standard deviation of $45. Assume that we select a random sample of 81 bus drivers.
Describe the effects of monetary policies on the economy's production and employment.
Compute the value of the price index for GDP for 2005 using 2004 as the base year. By what percent did prices increase.
Explain how MNE investment flows from richer countries to poorer countries can have a similar, and potentially accelerated, effect to that of "free trade". Consider the ways in which national tax and/or subsidy policies may affect this process.
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