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How might a country exchange rate influence the balance of payments?
Definition of the exchange rate; price of domestic currency in another (basket of) currency (currencies). Current account (trade and transfers) and capital account (net flows of investment, deposits etc). The link among a country s exchange rate and balance of payments is primarily to be found in current account; the currency also affects the price of goods and services for foreigners, thus a lower/higher price of the currency will affect demand for goods and services itemised under export revenue and import spending in the current account.
Find the best response functions and the mixed strategies Nash Equilibrium if each player randomizes over his actions.
defin giffen goods?
THEORY OF DEMAND: The consumer behaviour under indifferencecurve approach where it is assumed that the consumer possesses a utilityfunction. The next most important theory th
Q. Define Economies of Scale? Economies of Scale: Most economic production requires producing firm or organization to make an initial investment (in real capital, in design and
The reason that an entrepreneur supposes the risk of starting a business is to earn profits. The fundamental assumption in the theory of production is that a rational owner of a b
Determine the profit maximizing price and quantity A firm has segmented its market into the following demand functions: P1 = 500 – 50Q P2 = 500 – 20Q with a cost fu
the demand and supply functions for goods are given by demand:Pd=50-3Qds and supply:Ps=14=1.5Qs. where p is the price of a pair of jeans, Q is the number of pairs of jeans a) calc
How might you determine whether flute-playing ability is a highly heritable trait? If you want to improve your flute playing and someone tells you that musical ability is heritable
Modern cost curves theory
Chemical properties of p block elements
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