what is a perfectly elastic foreign supply curve?
447988
The foreign supply curve is perfectly elastic at the world market place; unlimited quantities can be purchased at the world price. \n\nPerfectly elastic supply - quantity decreases, price to consumers goes up and price to sellers stays the same. The entire burden of the tax is paid by consumers.
20575
% change in quantity that consumer is willing to buy, divided by % change in income (assuming that the price of good is held constant). \n\nTells you how much impact do changes in income have on the demand. If less than 1, it is called inelastic, and there is little change in demand; is larger that 1, - elastic and high changes.
448054
Because the size and power of every economy is different, there were still exchange rates when the Euro took over, but it was fixed at a certain point for every country and then diluted into the new currency. It really wouldn't be fair to dilute the buying power of the U.S. dollar or Japanese Yen by pegging its value to that of the Mexican Peso.
431065
Unlimited supply of money
374378
Sure, just let the feasible region describe the number of items you're going to sell, what they weigh, or how long it takes to make them.  None of those things can be negative.  With a little thought you should find dozens of examples.
270608
Everything you wanted to know about a transformation curve. [please see link]
643788
Whatever it says it means! (LOL) Read the axes of the graph. It could be price against time, maybe?
209912
Say you are going to price a currency forward dated one yr from now. Say the currency rate is 10% and the base currency rate (let it be US dollar)4%.\nThen you can either borrow money at 4% in dollars (and pay 1.04 at the end per each dollar), buy currency in the cash market , and invest it at 10%. You will have E0 x 1.1 units of the currency, where e0 is the spot exchange rate.\n\nThe forward price HAS TO BE Ef=e0 x 1.1/1.04. Otherwise, (say its more than that) you would be doing the described operation, then selling at Ef and getting a free lunch.\nThen price would adjust until there is no free lunch.
460782
Depends on a variety of economic factors. Every country has its own reasons for fluctuations.
544590
See this:\n\nhttp://www.economist.com/theworldin/business/displayStory.cfm?story_id=5149435&d=2006
265302
GDP doesn't account for black markets or "non-monetary transactions." Also, GDP is distorted by cross-border trade within companies, which shouldn't really count as production. Finally, it's difficult for GDP to account for varying quality in consumption goods across time. The accuracy of GDP in measuring output depends on your definition of accuracy, but there's definitely some distortion. See the Wikipedia article.
163904
This is a demand curve. If you need to solve for the equilibrium price and quantity, you require the equation for the supply curve. The inverse demand curve can be expressed as: Q=13-0.2P
577888
none, money from canada is monopoly money!
198602
1 US Dollar Equals to 0.384995 Oman Rails.\n1 Oman Rails Equals to 2.597 US Dollars\n1 Euro Equals to 0.46 Oman Rails\n1 Oman Rail Equals 2.13 Euros.\n\nFor more exchange rates visit\nhttp://www.xe.net\n\nHave a great day
156659
These are ideal conditions for equities. Low interest rates and steady inflation are perfect for asset appreciation. Commodities are also in a bull run. Tea, sugar, gold, etc. are in mutli-year bull markets. In equities emergin markets such as India, Brazil, Turkey look promising.
1112071
Well When there are restrictions in any country on the amount of Foreign Currency one can carry then naturally people who want more foreign exchange have to resort to BLACK MARKET procurement of the foreign excahange ,Most foreign exchange dealers do trade like that.
1119460
supply meets demand.\n\nProduces staple prices