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What is the opportunity cost of seeing a movie? What is the marginal benefit of seeing a movie (assuming that you are seeing it with a friend)?
What are the implications of the change in the exchange rate value of the pound for British national product and unemployment?
Research and assess one country according to the criteria listed below. Determine appropriate responses to the questions provided and summarize their findings.
What would wages in Philadelphia and Pittsburgh without internal migration? Would Pittsburgh's wage fall by more or less than 10 cents under internal migration?
What is the opportunity cost of Aircraft Careers in this nation? Explain why the nation can't build both 3 Aircraft Careers and 4 Schools.
What could cause the AS curve to shift to the left? What impact would a leftward shift of the AS curve have on the economy?
Draw and label a graph that depicts an upward-sloping supply curve and two linear downward-sloping demand curves in the market for Purina pet food.
Find 5 banks in the US that failed during the financial crisis and make list. Preferably at least 1 of the 5 banks should be one that you or someone you know.
Explain the effects of the decision on interest rates and how the central banks must respond to support this policy decision.
How many Nash equilibrium(/ia) does this game have? If you think there are infinitely many Nash equilibrium, enter 999 as your answer.
What happens to the interest rate and investment in response to balanced-budget change? Explain in words, and possibly using formulas to support your argument.
From the data provided in the news release, provide all values of the Bank of Canada's operational range.
Suppose that a new tax on consumption is implemented, leading demand to shift by a factor of. Which direction do you expect the AD curve to shift?
What is your opinion on whether Canada is currently in a recession, or currently heading to one, or recovering from one?
By using the same approach, complete the entire table. What is the total change in deposits so far as a result of the single new deposit of $9,000?
Do you think the benefits from trade are shared equally among trading partners? Do you think everyone within a country benefits from trade?
What action would the speculators likely take in anticipation of that event? Would this action make a devaluation more or less likely?
What are the benefits and problems of Economic Statistics, such as GDP, inflation, Unemployment Rates, and others. Are they more headache than useful?
What will be the demand for labor if the nominal wage is $18? What will be the demand for labor if the nominal wage rises to $21?
A new one-year bond with a face value of $1000 was issued that pays a coupon rate of 6%. What is the market interest rate if the price of the bond?
How is the unemployment rate calculated? Does an increase in the unemployment rate necessarily mean a decline in the size of the labor force?
What is the case against active monetary policy? What is the case against active fiscal policy? Explain.
What are the three types of unemployment? Unemployment is seen by some as undesirable. Are all three types of unemployment undesirable?
How do changes to the federal funds rate affect the inflation rate? Explain the relationship using information from the textbook.
What is your directional forecast for the nominal exchange rate of Thailand over the next 5 years?