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Illustrate what money supply should the Bank of Canada set next yr if it wants to keep the price level stable. Illustrate what money supply should the Bank of Canada set next yr if it wants inflation
Elucidate how every of the following developments would affect the supply of money, the demand for money also the interest rate.
Discussion on absolute advantage also comparative advantage. Elucidate how absolute advantage also comparative advantage differ.
Two countries can achieve gains from trade even if one of the countries has an absolute advantage in the production of all goods.
Suppose which the United States offers to buy 10 million cars from Canada in exchange for 20 tonnes of wheat per car.
Illustrate what is the relationship between a country's trade deficits, its government budget deficit also it private sector deficit.
Suppose which there are 10 million workers in Canada also South Korea also every worker in Canada also South Korea can produce 4 cars per yr.
Illustrate what is the current account balance. Illustrate what is the capital account balance. Illustrate what is the official settlements balance.
Discussion on affect the relative value of the dollar also the euro. Elucidate how every of the following will affect the relative values of the dollar also the euro:
Illustrate what is the exchange rate in terms of dollars per Euro. Illustrate what is the price in dollars of a i-phone selling for 250 Euros.
If many Canadian also American businesses acted like you also if the exchange rate was flexible, illustrate what would happen to the value of the exchange rate.
Suppose which a perfectly equal distribution of income existed in Disney land. Which of the current residents would have the same income he or she has in the present distribution.
A tariff is simply a tax on imports. Use our model of excise tax (with diagram) to elucidate why domestic industries request which tariffs be imposed. Who gains also woo loses due to tariff.
Compute the tracking signal for every of the forecasts in part (a) also (b). Is there any evidence of bias. Might a different model provide better results.
Explain how did low interest rates combined with increased government spending on defence also home land security alter the US economic outlook.
Elucidate why is accurate measurement of growth also fluctuations essential for making economic decisions. Illustrate what will happen if there are inaccuracies in measurement of production, income
The price of cheese falls relative to the price of milk. Illustrate what is implied about the rate of interest. Usually there are cheaper prices for matinee performances than evening performances.
Compute the average product, variable cost also maximize profit. The following table summarizes the short-run production function for your industry.
Suppose which you are a member of a minority group in some country also have reason to doubt which your property rights would be enforced also respected in the community.
Suppose you hire a furloughed Wall Street analyst to help you analyze your production process also she uses your historical cost records to estimate.
Marginal costs serve as a guide as to explain how much of a good product, while average variable costs help indicate whether to produce at all. Elucidate.
Suppose the new leadership in Congress decides to repeal some of the tax breaks granted to large businesses during the past several yrs.
Explain how is interest rate defined. Elucidate why is there a lower present value of goods to be delivered in the future.
On a proportional basis there are too many Negroes also too few Jews among professional athletes. This Explain how which sports have finally overcome racial prejudice, it has not overcome religious
Changes in equilibrium price also quantity due to changes in demand also supply. Every row also column heading describes a shock to a marketplace initially in equilibrium.