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Explain and demonstrate why it is the case that most oil exporting nations tend to peg their currency to US dollar. Give specific examples.
Business Economics, Economics
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When we look at the ease to enter the different market structure, there is no doubt that 'monopoly' is the hardest. Why? -- There is only ONE firm that has established 'economies of scale' with the production of their go ...
The risk-free rate is 6% and the expected rate of return on the market portfolio is 13% a. Calculate the required rate of return on a security with a beta of 1.15. (Do not round intermediate calculations. Enter your an ...
Question 1: The Toronto Blue Jays raises ticket prices from $100 to $120 per seat and experience a decline in ticket sales from 12000 to 10000 per game. i) What is the elasticity of demand for tickets? ii) Assuming the m ...
How would the stock market soars and Americans wealth expands significantly affect the econmony, by analyzing in the SRAS-AD diagram and determine the effects on real GDP and the General price level
An instrument is made up of 3 parts: an upper part, a middle part and a lower part. the instrument is then assembled. 6% of the upper parts are defective, 3% of the middle parts are defective, and 2% of the lower parts a ...
What are the pros and cons of developing a global set of rules governing MNC (MNE) investment?
Two Countries Australia and France have their interest rates to be 8% and 2 %, respectively. If their currencies trade according to 2 Australian $s buy one euro in the spot market, what will their future spot rate be in ...
A state Department of Transportation claims that the mean wait time for various services at its different location is more than 6 minutes. A random sample of 16 services at different locations has a mean wait time of 9.5 ...
What exactly does the z score explain about the data set? Does it matter if the z score is positive or negative?
Question: 1. Graphically illustrate a per unit tax imposed on the seller of a product. Identify the welfare loss and the portion of the tax paid by the buyer and the seller. 2. Beginning in a state of equilibrium in our ...
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