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Distinguish between autonomous and accommodating transaction of balance of payment account.
What is fiscal policy? What possible fiscal policy measures can be taken with respect to expenditure and income to correct excess demand
Explain the concept of deflationary gap. Explain any two measures by which a Central Bank can attempt to reduce the gap.
Use the fig below: demand with zero transaction costs is Q1s =50-P and supply is Qs = -7 +2P
Large-scale wars typically bring a suspension of international trading and financial activities. Exchange rates lose much of their relevance
Distinguish between current account and capital account of balance of payment account. Mention any two transactions of capital account.
Discuss the distinction between spontaneous and designed order
Distinguish between visible and invisible items in the BOP. Give one example of each.
Discuss the fiscal and monetary measures taken by government to correct disequilibrium between AD and AS.
Stiglitz also argues that the IMF as another agenda besides its stated agenda of promoting stability and growth in LDCs
The USE economy situation during the crisis.The title will be about the Financial Crisis in USA IN 2008 and it willcontain:
Setting p(2) = 1, what would the price of the first good and wage rate be if the rate of profit in the economy were 0%?
Briefly explain the Factor Proportions Theory by Heckscher and Ohlin. What, in your view, are the major shortcomings of this theory?
Estimate an empirical demand function for one-month memberships using the data gathered from the firm's 24 clubs
Randy has found conflicting authorities that address a research question for one of his clients. The majority of the authorities provide an unfavorable
What is the difference between the interest rate on one-year dollar deposits and that on one-year euro deposits (assuming no political risk)
Explain the selected theories, and then evaluate GEH's reasoning.Explain possible pitfalls for such strategy from GEH's perspective.
Research and development costs: SFAS No. 2 requires that all research and development costs (some of which will have future cash flow benefits
Why do you think that colleges and universities follow this practice?What entry did the college make for the five year division?
One explanation why the long-run average cost curve of a firm rises after some level of output has been reached is the law of diminishing returns.
Two types of drivers: half are slow riders (1% chance of an accident) and half are speed racers (5% chance)
What are transfer payments, and how do they make their way into the GDP calculation?
When, if ever, will relative prices be proportional to labor "values?"
Explain the differences between exporting firms, and import-competing firms. Give an example of each.
Which country has the comparative advantage in aircraft production? In production of trousers, slacks, and jeans?