Question: The Brazilian real has appreciated 33 percent

> Explain the influence of each of the following events on the quantity of real GDP supplied and aggregate supply in India and use a graph to illustrate. ■ Canadian firms move their call handling, IT, and data functions to India. ■ Fuel prices rise. ■ Walm

> What are the defining features of monetarist macroeconomics and what policies do monetarist macroeconomists recommend?

> What are the defining features of Keynesian macroeconomics and what policies do Keynesian macroeconomists recommend?

> How do fluctuations in aggregate demand and short-run aggregate supply bring fluctuations in real GDP around potential GDP?

> Describe three types of short-run macroeconomic equilibrium.

> How do changes in expectations, fiscal policy and monetary policy, and the world economy change aggregate demand and the aggregate demand curve?

> Why does the aggregate demand curve slope downward?

> What does the aggregate demand curve show? What factors change and what factors remain the same when there is a movement along the aggregate demand curve?

> A decade ago, Brazil had rapid growth but now its economy is experiencing a slowdown with investment falling and inventories increasing. Potential GDP growth rate has slowed. Business and consumer confidence has fallen. a. Explain the effect of a decreas

> In July 2014, in the economy of Sandy Island, 10,000 people were employed, 1,000 were unemployed, and 5,000 were not in the labour force. During August 2014, 80 people lost their jobs and didn’t look for new ones, 20 people quit their jobs and retired, 1

> Answer the following questions. a. What are the main features of the Canadian economy in the second quarter of 2014? b. Did Canada have a recessionary gap or an inflationary gap in 2014? How do you know? c. Use the AS - AD model to show the changes in ag

> Cut Taxes and Boost Spending? Raise Taxes and Cut Spending? Cut Taxes and Cut Spending? This headline expresses three views about what to do to get an economy growing more rapidly and contribute to closing the recessionary gap. Economists from which macr

> Greg Mankiw wrote in 2007 on the eve of the global financial crisis, “Congress made its most important contribution to taming the business cycle back in 1913, when it created the Federal Reserve System. Today, the Fed remains the first line of defence ag

> Explain why changes in consumer spending and business investment play a large role in the business cycle.

> The magazine Women of China reported that the percentage of income spent on consumer goods by urban Chinese women increased from 26 percent in 2007 to 63 percent in 2009. China’s National Bureau of Statistics reported that in the first six months of 2010

> The magazine Women of China reported that the percentage of income spent on consumer goods by urban Chinese women increased from 26 percent in 2007 to 63 percent in 2009. China’s National Bureau of Statistics reported that in the first six months of 2010

> The following events have occurred at times in the history of Canada: ■ The world economy goes into an expansion. ■ Canadian businesses expect future profits to rise. ■ The government increases its expenditure on goods and services in a time of increased

> Real exports of goods and services increased 4.2 percent in the second quarter, after falling 0.2 percent in the first quarter. Real imports of goods and services increased 2.7 percent, after falling 1.4 percent in the first quarter. Explain how the chan

> Explain for each event whether it changes the quantity of real GDP demanded or aggregate demand in Canada. ■ Canada’s exports to the European Union boom. ■ Canadian firms build new pipelines across the nation. ■ Foreign exchange dealers expect the Canadi

> Explain for each event whether it changes the quantity of real GDP supplied, short-run aggregate supply, long-run aggregate supply, or a combination of them. ■ Automotive firms in Canada switch to a new technology that raises productivity. ■ Toyota and H

> In Canada between June and July in 2014, the number of full-time jobs fell by 59,700 while part-time jobs increased by 60,000. The unemployment rate fell 0.1 percent to 7 percent as some workers left the job market. The participation rate fell to 65.9 pe

> The table gives some information about Canada’s international transactions in 2010. Item……………………………………………………. Billions ofdollars Imports of goods and services……………….………….…….…… 508 Net foreign investment in Canada………….………….……..……. 54 Exports of goods and

> With the strengthening of the yen against other currencies in 2012, Japan’s central bank did not take any action. A Japanese politician called on the central bank to take actions to weaken the yen, saying it will help exporters in the short run and have

> The Canadian price level is 106.3, the Japanese price level is 95.4, and the real exchange rate is 103.6 Japanese real GDP per unit of Canadian real GDP. What is the nominal exchange rate?

> The U.K. pound is trading at 1.54 Canadian dollars per U.K. pound and purchasing power parity holds. The Canadian interest rate is 2 percent a year and the U.K. interest rate is 4 percent a year. a. Calculate the Canadian interest rate differential. b. W

> Colombia is the world’s biggest producer of roses. The global demand for roses increases and at the same time Colombia’s central bank increases the interest rate. In the foreign exchange market for Colombian pesos, what happens to: a. The demand for peso

> On March 30, 2012, the U.S. dollar was trading at 82 yen per U.S. dollar on the foreign exchange market. On August 30, 2012, the U.S. dollar was trading at 79 yen per U.S. dollar. a. What events in the foreign exchange market could have brought this fall

> How are net exports and the government sector balance linked?

> What are the transactions that the balance of payments accounts record?

> How has China operated in the foreign exchange market, why, and with what effect?

> What is a crawling peg and how does it work?

> Statistics Canada reported the following data for 2013: Labour force:………………………… 19.4 million Employment:………………………… 18.0 million Working-age population:……….. 26.7 million Calculate the: a. Unemployment rate. b. Labour force participation rate. c. Employme

> What is a fixed exchange rate and how is its value fixed?

> What determines the real exchange rate and the nominal exchange rate in the long run?

> What determines the real exchange rate and the nominal exchange rate in the short run?

> What is purchasing power parity and what happens when this condition doesn’t hold?

> What is interest rate parity and what happens when this condition doesn’t hold?

> What is arbitrage and what are its effects in the foreign exchange market?

> What makes the supply of Canadian dollars change?

> What makes the demand for Canadian dollars change?

> What happens if there is a shortage or a surplus of Canadian dollars in the foreign exchange market?

> Answer the following questions. a. What happened to the foreign exchange value of the U.S. dollar in July and August 2014? b. What could the Bank of Canada have done to stop the fall in the Canadian dollar? c. What could the European Central Bank have do

> Labour force participation rate: 67.4 percent Working-age population: 29.0 million Employment-to-population ratio: 62.5 Calculate the: a. Labour force. b. Employment. c. Unemployment rate.

> The Australian dollar fell against the U.S. dollar to its lowest value in the past two weeks. The CPI inflation rate was reported to be generally as expected but not high enough to justify previous expectations for an aggressive interest rate rise by Aus

> In 2007, the U.S. trade deficit with China hit $256.3 billion, the largest deficit ever recorded with a single country. Chinese currency, the yuan, has risen in value by 18.4 percent against the U.S. dollar since the Chinese government loosened its curre

> In 2007, the U.S. trade deficit with China hit $256.3 billion, the largest deficit ever recorded with a single country. Chinese currency, the yuan, has risen in value by 18.4 percent against the U.S. dollar since the Chinese government loosened its curre

> In 2007, the U.S. trade deficit with China hit $256.3 billion, the largest deficit ever recorded with a single country. Chinese currency, the yuan, has risen in value by 18.4 percent against the U.S. dollar since the Chinese government loosened its curre

> The Economist magazine uses the price of a Big Mac to determine whether a currency is undervalued or overvalued. In July 2012, the price of a Big Mac was $4.33 in New York, 15.65 yuan in Beijing, and 6.50 Swiss francs in Geneva. The exchange rates were 6

> The Brazilian real has appreciated 33 percent against the U.S. dollar and has pushed up the price of a Big Mac in Sao Paulo to $4.60, higher than the New York price of $3.99. Despite Brazil’s interest rate being at 8.75 percent a year compared to the U.S

> Indian Entrepreneur Seeks Opportunities Rahul Reddy, an Indian real estate entrepreneur, believes that “The United States is good for speculative higher-risk investments.” He profited from earlier investment in Australia, and a strong Australian dollar p

> Indian Entrepreneur Seeks Opportunities Rahul Reddy, an Indian real estate entrepreneur, believes that “The United States is good for speculative higher-risk investments.” He profited from earlier investment in Australia, and a strong Australian dollar p

> Canada produces natural resources (coal, natural gas, and others), the demand for which has increased rapidly as China and other emerging economies expand. a. Explain how growth in the demand for Canada’s natural resources would affect the demand for Can

> What is the unemployment rate supposed to measure and why is it an imperfect measure?

> In 2011, the exchange rate changed from 94 yen per U.S. dollar in January to 84 yen per U.S. dollar in June, and back to 94 yen per dollar in December. What information would you need to determine the factors that caused these changes in the exchange rat

> Yesterday, the current exchange rate was $1.05 Canadian per U.S. dollar and traders expected the exchange rate to remain unchanged for the next month. Today, with new information, traders now expect the exchange rate next month to fall to $1 Canadian per

> Today’s exchange rate between the yuan and the U.S. dollar is 6.40 yuan per dollar, and the central bank of China is buying U.S. dollars in the foreign exchange market. If the central bank of China did not purchase U.S. dollars would there be excess dema

> In Problem 5, the banks have no excess reserves. Suppose that the central bank in Nocoin increases bank reserves by $0.5 billion. a. Explain what happens to the quantity of money and why the change in the quantity of money is not equal to the change in t

> In year 1, the economy is at full employment and real GDP is $400 million, the GDP deflator is 200 (the price level is 2), and the velocity of circulation is 20. In year 2, the quantity of money increases by 20 percent. If the quantity theory of money ho

> The spreadsheet provides data about the demand for money in Minland. Columns A and B show the demand for money schedule when real GDP ( Y 0 ) is $10 billion, and Columns A and C show the demand for money schedule when real GDP ( Y 1 ) is $20 billion. The

> In the economy of Nocoin, bank deposits are $300 billion, bank reserves are $15 billion of which two-thirds are deposits with the central bank. Households and firms hold $30 billion in bank notes. There are no coins. Calculate: a. The monetary base and q

> The Bank of Canada sells $20 million of securities to the Bank of Nova Scotia. Enter the transactions that take place to show the changes in the following balance sheets: Bank of Canada Aasta mlona LUabilmen (mlona Bank of Nova Scatta Assets Labilti

> Europe’s Banks Must Be Forced to Recapitalize E.U. banks must hold more capital. Where private funding is not forthcoming, recapitalization must be imposed by E.U. governments. What is the “capital” referred to in the news clip? How might the requirement

> In July 2011, currency held by individuals and businesses was $57 billion; chequable deposits owned by individuals were $211 billion and owned by businesses were $277 billion; nonchequable personal deposits were $163 billion; non-chequable business depos

> What are the alternative measures of the price level and how do they address the problem of bias in the CPI?

> How does a change in the supply of money change the interest rate in the long run?

> How does a change in the supply of money change the interest rate in the short run?

> Show the effects of a change in the nominal interest rate and a change in real GDP using the demand for money curve.

> What are the main influences on the quantity of real money that people and businesses plan to hold?

> How do banks create money?

> How does an open market operation change the monetary base?

> What is the central bank in Canada and what functions does it perform?

> How have depository institutions made innovations that have influenced the composition of money?

> How do depository institutions create liquidity, pool risks, and lower the cost of borrowing?

> How do depository institutions balance risk and return?

> What problems arise from the CPI bias?

> What distinguishes an unemployed person from one who is not in the labour force?

> Congress has amended the Copyright Act several times. Copyright holders now have protection for many decades. Was Congress justified in extending the copyright time periods? Why or why not?

> Some argue that if online retailers are required to collect and pay sales taxes in jurisdictions in which they have no physical presence, they have no democratic way to fight high taxes in those places. Is this an instance of taxation without representat

> What are some steps that businesspersons can take to avoid issues at the border with respect to the contents of their electronic devices?

> Instagram’s current terms of service state, “We may not always identify paid services, sponsored content, or commercial communications as such.” Is it ethical for Instagram to post advertisements without identifying them as advertisements? Discuss.

> So far, victims of catfishing have had little success in the courts. Under what circumstances might a person be able to collect damages for fraudulent misrepresentation involving online impersonation?

> How can a company structure e-mail negotiations to avoid “accidentally” forming a contract?

> Valuable company resources are used to create and publish corporate social responsibility reports. Under what circumstances can a corporation justify such expenditures?

> Online companies such as Amazon not only target individual customers but also utilize each customer’s buying habits to create generalized marketing campaigns. Might any privacy issues arise as an online company creates a database to be used for generaliz

> From an ethical point of view, is there any difference between calling subordinates during off hours for work-related questions and sending them e-mails or text messages?

> James, Chang, and Sixta are roommates. They are music fans and frequently listen to the same artists and songs. They regularly exchange MP3 music files that contain songs from their favorite artists. 1. One group of students will decide whether the fact

> After years of research, your company has developed a product that might revolutionize the green (environmentally conscious) building industry. The product is made from relatively inexpensive and widely available materials combined in a unique way that c

> Go to Appendix G at the end of this text and examine the excerpt of Case No. 1, Winstead v. Jackson. Review and then brief the case, making sure that your brief answers the following questions. 1. Issue: This case focused on an allegation of copyright i

> How could the “right to be forgotten” affect free speech?

> The U.S. Patent and Trademark Office requires that a registered trademark or service mark be put into commercial use within three years after the application has been approved. Why do you think the federal government established this requirement?

> What options do textbook publishers face given this Supreme Court decision?

> Some argue that the best way to stop patent trolls from taking advantage of the system would be to eliminate software patents completely and pass a law that makes software unpatentable. Would this be fair to software and technology companies? Why or why

> Two computer science majors, Trent and Xavier, have an idea for a new video game, which they propose to call “Hallowed.” They form a business and begin developing their idea. Several months later, Trent and Xavier run into a problem with their design and

> Amy Kemper was seriously injured when her motorcycle was struck by a vehicle driven by Christopher Brown. Kemper’s attorney wrote to Statewide Claims Services, the administrator for Brown’s insurer, asking for “all the insurance money that Mr. Brown had

> Judy Olsen, Kristy Johnston, and their mother, Joyce Johnston, owned seventy-eight acres of real property on Eagle Creek in Meagher County, Montana. When Joyce died, she left her interest in the property to Kristy. Kristy wrote to Judy, offering to buy J

> earwire Corp. Clearwire sent her a confirmation e-mail that included a link to its Web site. Clearwire also sent her a modem. In the enclosed written materials, at the bottom of a page, in small type was the Web site URL. When Reasonover plugged in the m

> The Baton Rouge Crime Stoppers (BCS) offered a reward for information about the “South Louisiana Serial Killer.” The information was to be provided via a hotline. Dianne Alexander had survived an attack by a person suspected of being the killer. She iden

> TracFone Wireless, Inc., sells phones and wireless service. The phones are sold for less than their cost, and TracFone recoups this loss by selling prepaid airtime for their use on its network. Software in the phones prohibits their use on other networks

> Ball writes to Sullivan and inquires how much Sullivan is asking for a specific forty-acre tract of land Sullivan owns. Ball then receives a letter from Sullivan stating, “I will not take less than $60,000 for the forty-acre tract as specified.” Ball imm

> International Business Machines Corp. (IBM) hired Niels Jensen as a software sales representative. According to the brochure on IBM’s “Sales Incentive Plan” (SIP), “the more you sell, the more earnings for you.” The brochure also stated that “the SIP pro