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1. Everything else? equal, when domestic currency appreciates against a foreign? currency:
A. the nominal exchange rate goes up. B. there is no change in the real exchange rate. C. there is no change in the nominal exchange rate. D. the nominal exchange rate goes down
2. Contractionary fiscal policy leads to a? ________.
A. leftward shift of the labor supply curve B. rightward shift of the labor supply curve C. leftward shift of the labor demand curve D. rightward shift of the labor demand curve
3. Which of the following factors of production is least likely to show diminishing marginal? product?
A. Land B. Capital C. Technology D. Labor
If you invest $1,000 today, how much will it be worth in 20 years? Assume that the money will grow at the interest rates: of 8% compounded semi annually during years 1-10, and 12% compounded quarterly during the remaining years.
Explain why she should buy more lipstick or more eye shadow. Elucidate how your calculations also then elucidate your answer.
Consider the role of discount rates in problems involving long time horizons. Suppose that a particular emission abatement strategy would result in a 50 billion reduction in damages 50 years into the future. Calculate the maximum amount that could be..
A used car dealer in Las Cruces placed the following advertisement: What is the price of the car if the interest rate is 12% per year compounded monthly? If financing is done at 12% APR, what would be the equivalent uniform monthly payment?
Heckscher Ohlin model with two goods (wheat and cloth) and two inputs (land and labor), suppose price of cloth rises by 10% and the price of wheat remains the same. Wheat is land intensive and cloth is labor intensive. the rise in the price of cl..
Consider the production possibility frontier for a simple two-good (closed) economy. Quantities of good x produced are plotted on the horizontal axis. Quantities of good y produced are plotted on the vertical axis. Suppose that the production of both..
The management of Clean Corporation is concerned about the growing demand on the part of investors and the public in general for environmental disclosures in annual reports. In your opinion are environmental disclosures in company annual reports nece..
Japan's rapid growth pushed its real GDP per capita above that of the United States. Growth rates in follower nations such as South Korea and Hong Kong averaged about 10 percent per year.
If Evren wishes to make 25 tons of donuts, how many bakers are required given the current level of capital? How much will it cost to produce this (total cost)?
Suppose market demand and supply are given in a perfectly competitive market for bushels of wheat by: Determine the equilibrium price and quantity. Show the equilibrium graphically. How much of the tax do the producers pay per unit? With the $30 tax ..
MR/MC - Imperfect Competition: Remember that Imperfect Competition includes Monopoly, Oligopoly, and Monopolistic Competition --- CHAPTERS 12 and 13. Answer the next question on the basis of the following information for a firm operating in an imperf..
a perfectly competitive industry has... A. A perfectly elastic demand curve B. A downward sloping supply curve C. A perfectly elastic supply curve D. A downward sloping demand curve
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