These questions completely baffle me

1. Explain the difference between the real exchange rate and the nominal exchange rate. 2a. If a Japanese car costs 500,000 yen, if a similar Canadian-produced car costs $10,000, and if a dollar can buy 100 yen, what are the nominal and real exchange rates? 2b. Explain the relationship among saving, investment, and net ...continues

Two firms compete in a homgeneous product market...

Two firms compete in a homgeneous product market where the inverse demand function is P=10-2Q(quantity is measure in millions). Firm 1 has been in business for one year, while firm 2 just recently entered the market. Each firm has a legal obligation to pay one year's rent of $1 million regardless of its production decision. F ...continues

Government interventions related to industry concentration, pollution, and free trade.

These questions come from Baye's fifth edition of Managerial Economics and Business Strategy. Chapter 14: A Manager's Guide to Government in the Marketplace. 3 of the problems have 3 or 4 questions and 1 is more application. I am seeking detailed explanations so that I have a better understanding of the material and how to ...continues

1. List five business functions that the SPD model is of value in managing. 2. What are the caveats that are required for the SPD model to be valid? How might this interpret literally?

1. List five business functions that the SPD model is of value in managing. 2. What are the caveats that are required for the SPD model to be valid? How might this interpret literally?

Rise and fall of mpe

Congratulations. You’ve been appointed economic adviser to Happyland. Your research assistant says the country’s mpe is .8 and autonomous expenditures (probably federal government spending) have just risen by $20. 1. What will be the actual dollar change in income and does it rise or fall? 2. Your research assistant comes ...continues

GDP: annualized growth rate of GDP, total amount of GDP, rank the main 4 components, list the three largest sub-components

Go to http://www.bea.gov/bea/newsrel/gdpnewsrelease.htm 1. What is the most recent annualized growth rate of GDP? Now, look up the information in table 3, which gives the dollar values for the parts of the economy that make up GDP and do the following for 2005: 2. What was the total amou ...continues

Inflation and consumer price index

Go to http://stats.bls.gov/ and look up the inflation data and report the most recent annual inflation rate. Then, within the consumer price index data are the recent inflation rates for various types of purchases (ex: food, fuel, housing, etc.). Pick 3 separate types of purchases and record the unadjusted one year rate for ea ...continues

Capital Transactions

I need some assistance coming up with an answer to this question. What is the purpose of the capital transactions section of the balance of payments sheet?

Scope Economies

Show graphically and explain how taking advantage of scope economies affects the market structure of an industry.

Keynesian, fiscal policy and monetary policy

I need help with an article. I need a two to three paragraph real people explanation on this article and what he is saying about the theories of using fiscal policy and which theory would be the most supportive and why? the article is listed below: While Keynes revolutionized economic thinking in the 1930s, his theories were ...continues