tina
(100 – 2Px + 1Py) (Px -20) Now, take the derivative of the above with respect to Px to get the following first order condition : 100- 4 Px + Py +40 = 0 When i try to multiply and then take the derivative of the top part out I keep getting : -1860-4Px-19Py What am I doing ...
tina
40-2q+.03q^2=40-q-.01q^2 .04q=1 q=25 this is what i keep getting but I am suppose to be getting 50 what am I doing wrong?
econ (economyst)
The real exchange rate between Canada and U.S. must be unity if LOOP is found held for all the common goods that are consumed in both countries. True or False? Economyst, last time you said it is false, but if LOOP holds for each good in the basket, it will also hold for the p...
econ
I asked this question couple days before. Exporters suffer when their home currency depreciates and prosper when it appreciates. True or false? and why? Can I explain it this way, it is false because, let say the exchange rate is 1 $/euro, and then dollars depreciated to 1.57 ...
econ-exchange rate
E=exchange rate, H=Home, F=foreign Usually exchange rate are expressed in units of home currency per units of foreign currency. (E H/F) But why for the real exchange rate, it is q F/H ? This is really confusing.
econ (economyst please help)
This is the covergence to absolute PPP part from my text: The evidence suggests that PPP works better in the long run but not in the short run. In reality, research shows that price differences, the deviations from PPP, can be large and persistent in the short run. Estimates s...
econ (economyst please help)
I got this long question i am not sure how to do. The current dollar-pound exchange rate is $2 per pound. A U.S. basket that costs $100 would cost $120 in the United Kingdom. For the next year, the Fed is predicted to keep U.S. inflation at 2% and the bank of England is predic...
econ
The real exchange rate between Canada and U.S. must be unity if LOOP is found held for all the common goods that are consumed in both countries. True or false?
econ
but did ms. sue imply that the answer is true?
econ
so the answer is false?
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