Blog

This is a file upload question. Write down your solution in a piece of paper, take a picture and upload your file. IMPORTANT: typed solutions will not be accepted!    This is the foreign exchange market of euro. Using the information below, answer the following: Draw the supply x demand graph for euro and indicate the equilibrium exchange rate (in order to get full credit you must label the graph and curves correctly when drawing your graph). Suppose the supply of euro doubles. Draw the new supply curve (in the graph you drew on part (a) and indicate the new equilibrium exchange rate. With this new exchange rate, has the dollar appreciated or depreciated? Justify you answer! With this new exchange rate, what happens to US imports of European goods? Justify your answer!

This is a file upload question. Typed answers on word, PDF, or any other format won’t be accepted! Work your solution in a piece of paper, take a picture, and upload your file. You may type your solution only if using excel.   The table below gives the data necessary to make a Keynesian cross diagram. Assume that the tax rate is 0.2 of national income, the MPC (marginal propensity to consume) out of after-tax income is 0.9, investment is 210, government spending is 240, exports are 150, and imports are 0.2 of after-tax income.  Aggregate expenditure for each level of national income National Income After-tax Income Consumption I + G + X Minus Imports Aggregate Expenditure $900 708 $1,200 $1,500 $1,800 $2,100 Complete the table by showing your work for at least one row of National Income. If you don’t show your work for all variables for one row of National Income, you won’t get credit, even if your numbers are correct.  What is the equilibrium level of national income for this economy, justify your answer! Note: this is a file upload question. Work your answer in an excel sheet (you can download the table to work on excel) and upload your file, or simply work your answer in a piece of paper, take a picture and upload your file. Typed answers (unless if using the excel sheet) will not be accepted!

This is a file upload question. Typed answers on word, PDF, or any other format won’t be accepted! Work your solution in a piece of paper, take a picture, and upload your file.   This is an optional extra-credit question. Answer correctly and get up to 5 points to be added to your final exam’s score (if your score is lower than 110 points). Assume that B = 30 and D = 12.  Suppose this market is closed to international trade (no trade). Given the information above: Calculate consumer surplus and producer surplus by showing your work! Suppose that now Wonderland enters the international market for sweaters (with trade), where one t-shirt now costs $15. Calculate the new values of consumer surplus and producer surplus by showing your work! Based on your calculations, who benefit and who lost (consumers or producers) when Wonderland entered the international market? Justify your answer!

Match the right with the left correctly. Note that: EMP – Expansionary Monetary Policy CMP – Contractionary Monetary Policy EFP – Expansionary Fiscal Policy CFP – Contractionary Fiscal Policy  PL – Price Level GDP – Gross Domestic Product

Refer to the figure below and complete the sentence correctly:  This graph illustrates a [OPTION1], which shows a [OPTION2] relationship between inflation and unemployment. Point B indicates that [OPTION3], and point A indicates that [OPTION4].

The figure below shows the market for t-shirts in Wonderland. The domestic price is $20. Once trade is allowed, the price drops to $15 and 3 million of t-shirts are imported. Market of t-shirts in Wonderland text only Based on the figure above, match correctly:

What does the seed function in Python’s random module do?

What type of distribution is shown in the histogram?  

The figure below, depicts the outline of a large fairy ring that has appeared overnight in an open meadow, as viewed from above. The fairy ring represents the furthest advance of this mycelium through the soil. Locations A-E are all 0.5 meters below the soil surface.  What is the most probable location of the oldest portion of this mycelium?

I get to create a virtual chocolate product as my final project.