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Author Archives: Anonymous

Suppose the following table shows marginal product for worke…

Suppose the following table shows marginal product for workers at the ABC Inc. company which produces widgets. Assume that widgets now sell for $7 each.  worker      MP Bob  12 Ralph 11 Susan 14 From this we can see that it would be rational for a firm to pay Ralph $91.  

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Suppose that the ROI in the USA is 4.3% and in Mexico it is…

Suppose that the ROI in the USA is 4.3% and in Mexico it is 3.1%. The ROI from currency appreciation expected for the Mexican Peso over the investment period is 1.4%. None of this currency appreciation is expected to happen “upfront.” From this we can see that interest rate parity will be established. 

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Interest rate parity means that differences in ROI between c…

Interest rate parity means that differences in ROI between countries will be offset by the appreciation or deprecation in their currencies. 

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The symbol of the Thai movement was “Captain Condom.” This w…

The symbol of the Thai movement was “Captain Condom.” This was played by: 

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Assume that we start in a state of interest rate parity betw…

Assume that we start in a state of interest rate parity between countries A and B. Then, the central bank in country B announces that it will increase its interest rates. From this we know that: (check all that apply)

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The one-child policy has been lifted and many families are n…

The one-child policy has been lifted and many families are now able to have a second child. 

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Under Apartheid, South Africans were legally divided into 2…

Under Apartheid, South Africans were legally divided into 2 races–white and non-white. 

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The exchange rate between the Thai Baht and USD was 33.6B to…

The exchange rate between the Thai Baht and USD was 33.6B to the $. Which of the following illustrates a strengthening of the Thai Baht against the dollar?

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The the lecture you watched a video about poverty in India….

The the lecture you watched a video about poverty in India. In this video you saw: 

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The child labor argument is still relevant, as we do see use…

The child labor argument is still relevant, as we do see use of child labor in the developing world.  

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