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Under a fixed exchange rate system, when will speculation by foreign investors be stabilizing? When will it be destabilizing?
jeff has 4 hours that he can choose to spend either studying for a test or playing a new video game. If he spends all of time studying, he can score a 92 on the test. If he plays for 1 hour, his test score falls 5 points.
Consider an economy with just one technique available for the production of each good, food and cloth: Good Food Cloth labor per unit output 1 1 a. supposing land is unlimited but labor equals 100, write and sketch the production possibility frontier..
Students of a large university spend an average of $5 a day on lunch. The standard deviation of the expenditure is $3. A simple random sample of 36 students is taken. a. What are the expected value and standard deviation of the sampling distributio..
What assumption about X guarantees the existence of β'? Give an example where this assumption fails - Define the OLS residuals - non-stochastic stochastic explanatory variables and ut is a random disturbance
Twin cities in order to study health care costs for a client. One of the items being tracked is the annual deductible that employees must pay. The Minnesota Department of Labor reports the mean of this distribution is $502 with a standard deviatio..
to firms compete and they are placed in each end of a line with length 1. firm 1 at point 0 and firm 2 at point 1. the
Arrow now sells 100,000 silk shirts at $100 each. The material per shirt costs $40 and labor costs are $50 per shirt. The firm has $1.2m. in fixed costs. Price elasticity of demand for such shirts is -4. The firm is considering lowering the price ..
Compare and contrast the simple (deer and beaver) and complex (Glasgow factories) versions of Adam Smith's theory of value.
(Advanced Analysis) Assume that the consumption schedule for a private open economy is such that consumption is as follows: C = 50 + 0.9 Y Assume further that planned investment Ig and net exports Xn are independent of the level of real GDP and const..
A California asparagus farmer is maximizing profit. The price of asparagus is $2 a box, a farm worker's wage rate is $12 an hour, and the asparagus farm employs six workers. If, when the price of asparagus increases to $3 a box,the farm hires eigh..
What is the effect of an increase in β on the equilibrium? Provide an intuition for this result.
If the Central Bank (Reserve Bank ofAustralia) bought $100 million of government securities from private sector money markets, other things being equal, what would be the effect on the following?
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