Question: a) Suppose the uncovered interest parity condition holds, and that the domestic interest rate is lower than the foreign interest rate. What does this imply about the current versus future expected currency valu ...
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Question: A monopolist has two types of customers. There are 100 of Type A, who will each pay up to $10 for a single unit of the good, and 50 of Type B, who will each pay up to $8. Neither is willing to purchase addition ...
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Question: Explain why the fish left behind are a type of investment. Some opponents of property rights in fish have argued against ownership because the fish already belong to "everyone." Try to define what (if anything) ...
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Question: An economy has a saving rate of s= .08, a depreciation rate of .02, a population growth rate of n= .03, and a growth rate of effective labor of g= .05. a. the capital-output ratio, k/y, for this economy is: b. ...
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Question: A) Suppose Jean Splicer, an investor, buys $500,000 of shares of stock in a diversified bundle of Bio-tech firms and exactly one year later sells those shares for $530,000. Assume the value of the CPI at the da ...
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Discuss transportation and logistics management policy. What impact does policy (local, state, and/or federal) have on transportation? For example, how does policy affect a retailer in trying to get their product from a ...
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Question: New York state is one of the largest states in the nation, but most of it comprises farmland. New York state is the 3rd largest dairy producer in the nation and competes for the top spots in Apple production an ...
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Problem: Suppose firms cost function is C(q) = 4q ^2 + 16 a) Find variable cost, fixed cost, average cost, average variable cost,and average fixed cost. (Hint: Marginal cost is given by MC = 8q) b) Show the average cost, ...
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Assignment: Pay Discrimination Why do women earn less than men? In this assignment you will look at the data on women's and men's pay, and explore reasons for the pay differential. Respond to the 3 key questions below. W ...
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Question: Consider an economy with two individuals and two goods. Preferences are Leontief and in particular, u1(x, y) = min{2x, y} and u2(x, y) = min{x, 2y} Initial endowments are ?1 = (4, 0) and ?2 = (0, 4) (a) Derive ...
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