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Determine the "purchasing power parity" theory of exchange rates? If the price of a representative bundle of tradable goods is currently $5000 in the U.S. and 550000 yen in Japan, is the $ underval
Suppose your assignment for the final paper is to write down a 2 to 3 page paper (double spaced) about how 3 of the above concepts apply to your daily life.
Demonstrate in a graph the autarky equilibrium for an economy whose production possibilities frontier has an increasing opportunity cost feature. Mark the angle that shows for consumers the value of
Determine the coefficient of price elasticity of demand using the simplest definition of price elasticity? a. 0.25 b. 1 c. 1.25 d. 2.50 e. 3 9. If the price of a hardback novel increases from $25 t
Perhaps something that you recently purchased or are considering for a future purchase. What's in the news and how can you use economic principles to become a better shopper?
Suppose you are called in to advise BP on whether they should pursue a merger with Shell in which case they could coordinate their actions. Determine your advice to BP?
Illustrate a production possibilities curve among the health and all other goods. Insert a point in the drawing that demonstrates an economy with an inefficient health system.
How would you hedge the foreign exchange risk in this payment with 125,000-euro futures contracts if your company has a payment of 200 million Euros due one year from now.
Find out the three well founded reasons supporting a potentially beneficial role for government intervention in workings of the private marketplace
The U.S. economy was experiencing a decrease in home prices and consumer wealth, a credit crisis in the financial markets, and declining consumer and business confidence during the recession of 2007
How can find out the historical data for these variables for one of the countries in which your company or industry has a major presence.
Holly can commit to an action, Report or Not Report, before Buddy. Then Buddy after observing Holly's action has to decide whether to Report or Not Report. Illustrate the game tree and find out the
Explain the external costs of driving a car? Should a tax on gasoline be used to pay for these external costs, and why? Discuss who should pay these external costs?
Provide the basic economic problem of apply Opportunity Costs, scarcity, Possibilities, Production and the Circular Wheel of Income to compare and distinction the ways
The exchange rate was 0.69 euros per U. S. dollar in June 2011. The exchange rate was 0.79 Euros per U. S. dollar in June 2012.
Assume the two firms form a cartel to maximize the joint profits, which they agree to share equally. Determine how many widgets will each firm form? Calculate each firm profit.
What are some long-term effects of deficit spending if the government can increase GDP in the short run by running a budget deficit?
Explain the current policy issue regarding the cyber issues in terms of the five (5) stages of the policy making process. 500+ words with academic resources
Calculate the consumer welfare loss? Why might consumers prefer a production subsidy rather than a tariff by using a general equilibrium approach, point out the real income loss from a tariff to a
Demonstrate how the Linder theory of trade works. Discuss similarities and/or differences between the Linder model and Heckscher-Ohlin model.
Determine the difference between the physical definitions of factor abundance and the price. When could they give conflicting answers about then which factor is the abundant factor?
Assume the free trade market price of a car is $20,000. It is having $10,000 worth of steel. The importing country imposes the 25% tariff on car imports.
Many Chinese organizations disregard the market system. For example, they borrow money from banks and decline to repay, thus creating "bad debts" for lenders. Similarly, they might consume
In the recline chair industry two different technologies of production exist. These technologies exhibit the following the total cost functions.
Malaysia experienced the sugar shortages a few years back. Government wanted to give the relief to the public through price control. Explain the economics implications of such a move by using the c