Questions on International Macroeconomics

1.     What is the view of the relation between aggregate demand and output reflected in Thirlwall’s balance of payments-constrained growth thesis? 2.     What significance is attributed by Thirlwall to movements in growth rates vis a vis movements in the real exchange rate as a means of eliminating balance of payments imbalances? 3.     What is the economic interpretation of Thirlwall’s equation… Continue reading Questions on International Macroeconomics

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Questios on Macroeconomics

1. You must choose an SRS of 10 of the 440 retail outlets in New York that sell your company’s products. How would you label this population in order to use Table B? A. 001, 002, 003, …, 439, 440 B. 000, 001, 002, …, 439, 440 C. 1, 2, …, 439, 440 A political scientist wants to know… Continue reading Questios on Macroeconomics

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Discussion on Cost-Benefit Analysis

From the scenario for Katrina’s Candies, suggest one (1) method in which Herb could use a cost-benefit analysis to argue for or against an expansion. Create three (3) optimal decision rules for Katrina’s Candies (e.g., whether to hire more staff or hire temporary workers to meet production schedules).   Assess both the short-term and the… Continue reading Discussion on Cost-Benefit Analysis

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Questions on Economics and Statistics

1. Express each of the following sums in summation notation and then compute where possible. Let X take the values economics_395_assignment_1_spring_2014.pdf Get Professional Assignment Help Cheaply Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may… Continue reading Questions on Economics and Statistics

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Question on Marginal Utility

Jason likes to buy guitars and trumpets. His marginal utility of guitars is given by MUG = (7T0.3)/(10G0.3) and his marginal utility for trumpets is given by MUT = (3G0.7)/(10T0.7), where G is the number of guitars Jason buys and T is the number of trumpets Jason buys. Guitars cost $100 each, trumpets cost $150… Continue reading Question on Marginal Utility

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