Is the yuan over-or undervalued against the us dollar
Assume the U.S. dollar price of a Big Max is $3.57. The price in the China is 12.5 yuan. If the current exchange rate equals 6.83 yuan per dollar, is the yuan over-or undervalued against the U.S. dollar?
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A monopolist tattoo parlor has as customers both senior citizens and students. There are 100 senior citizens who value a tattoo at $30, and 100 who value it at $40.
Suppose that the union's utility function is: U=Wδ E(1-δ) , where 1>δ>0, and the firm's production function is Y=πE0.5, where π>0. Solve for mathematical expressions for the wage rate.
Discuss how much do you have to pay for a bond rate that pays 6% dividend compounded semiannually, with a face value of $5,000 that is going to be paid (maturity) in the five years. The buyer wants to have an interest rate profit of 8% compounded
Discuss does the Food and Drug Administration, or any other agency that regulates the health, operate in the interest of the public, in the interest of the people who work there, or for the special-interest lobbies?
Discuss why do general tax revenues pay for so much personal health care? Who will pay if (when?) the Medicare trust fund runs out of money?
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Why are new surgical techniques developed with public funds whereas the pharmaceutical research and the development is conducted privately by for-profit firms?
What is the advantage of having an explicit target? Determine the advantage of having an implicit target or no target at all? "Central Banks Around the World Try Inflation Targeting."
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