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Assuming that once a country joins a currency union, it will not leave, do these countries face the policy trilemma discussed in the text? Explain.
Illustrate how this change in investors' expectations affects the Indonesian money market and FX market, with the exchange rate defined as rupiahs (Rp) per U.S.
When the Bank of Korea implements this policy, how will this affect the FX market in the short run?
Illustrate how this change affects the money and FX markets. Label your short-run equilibrium point B and your long-run equilibrium point C.
What would be the production possibility frontiers for Brazil and the United States? Denote these points on each COUNTRY's production possibility frontier.
In each of your examples, explain how innovation and learning-by-doing are important to the dynamic increasing returns in the industry.
What other activities would increase GDP if they were done differently? What activities would decrease GDP if they were done differently?
How does this system help protect consumers? ow might this system protect the financial interests of doctors more than the well-being of consumers?
The equation for a demand curve is P = 48 - 3Q. What is the elasticity in moving from a quantity of 5 to a quantity of 6?
What is the cost of regular unleaded fuel in your town? What are some contributing demand and supply factors to the differences in fuel prices around country?
Draw the consumer's budget line in the absence of the Food Stamp Program. On the same graph, show the budget line with the Food Stamp Program.
How much food production is sacrificed when North Korea moves from point P to point N?
How much would it cost to pay five workers at the U.S. federal minimum wage to do the same job in the same amount of time?
Sketch a demand and supply graph of the market for gasoline to analyze the situation described in this article.
Show how this raises price and increases the total income of the suppliers in the drug industry.
What is the ratio of real GDP in India to real GDP in the United States in common prices? Why are these two numbers so different?
What is the probability that a randomly chosen bolt has a width of between 947 and 958mm?
Two planes leave JFK airport at the same time, one flying north at 500 mph and the other south at 600 mph. In how many hours will they be 4400 miles apart?
When the United States imports cellphones from Japan, does the number of jobs in the United States decline?
What do you think would happen to the number of students desiring to park their cars on campus?
Suppose that the U.S. demand for maple syrup, in thousands of gallons per year, is Qd 6000 - 30P. What is the elasticity of demand at a price of $77 per gallon?
Suppose that each worker in the Foreign country can produce three cars or two TVs. What is the no-trade relative price of cars in Foreign?
What movements in supply and demand causes the banana price to slump from $13-$16 dollars per kilo in 2011 Feb to $1,20 per kilo in 2016?
Describe current global economic conditions and their effect on local macroeconomic indicators in China.
How large will the GDP per capita be if it grows at an annual rate of 2% for 20 years? 2% for 40 years? 4% for 40 years? 6% for 40 years?