1. In New York, a can of coffee costs about $5 and in Saudi Arabia, it costs about 20 Saudi Riyals. If the exchange rate is about 0.27 dollars per riyal, what is the real exchange rate?
2. Analyze the impact of Saudi Riyal appreciation in US dollar for each of the following cases
   1. A US firms plans to invest in Saudi Arabia

2. You are planning to visit USA in summer holidays ​​​​​​

Explain what will happen to the size of both M1 and M2 in each of the following situations:

1. Sahar withdraws $300,000 from her checking account to pay for her admission fee in US.
2. Muntaha transfers $5,000 from her checking account to her saving account. decrease M1 and not change M2.

What are the 4 types of goods? For each one, say whether they are excludable and whether they are rival in consumption.

Briefly discuss what causes short run and long run changes in exchange rates. Be sure to include key terms such as asset market approach to exchange rates, purchasing power parity, and the monetary approach to exchange rates.

Should the government regulate monopolies? If yes, outline the economic implications and process of regulation. Watch the video below and from the resources in the course, give an answer to this question.

To what extent has game theory improved our understanding of how the market
structure is formed and how it evolves? Discuss and explain. How can we
characterize market structure in a meaningful way? Be sure to also discuss the
conceptual issues, especially those pertaining to oligopoly, price coordination, and
collusion

1. Show the impact of consumers becoming less present focused on the real rate of return in both the real and modern monetary theories of interest rates. Explain your results.

1. An energy company has recently enhanced its capabilities for generating electricity, resulting in a 10% reduction in the cost/kwh. The company, which is regulated by the state, is required to pass the savings on to consumers via a 10% reduction in rates/kwh. Assume that the company has 100,000 residential customers who paid an average of $60/month consuming each 500 kwh/month in the year prior to implementing the new system; the same 100,000 customers paid $58/month following the shift to the new system with its lower prices. The total revenue therefore dropped from $6 million per month to $5.8 million per month. Based upon these facts,

1. • What was the increase in volume of electricity that was generated? What was the percentage increase?

Hint: Evaluate first what would have been the average bill if the volume had stayed the same after the fare reduction

1. • Was there a change in the demand function? If so, what is the new demand function? If not, why did the power company have to produce more electricity?

1. • What was the price elasticity in the demand for electricity?  

1. • What was the increase in consumer surplus as a result of the reduction in prices?

1. Liz has utility given by ?(?1,?2)=?1^7?2^3. If ?1=$10,?2=$15,and I = $100, find Liz’s optimal consumption of good 1. (Hint: you can use the 5 step method or one of the demand functions derived in class to find the answer).  

a) Using the information from question 1, find Liz’s optimal consumption of good 2.

3. Lyndsay has utility given by ??(?1,?2)=min {?1,?2}. If ?1=$2,?2=$4, ? ?=$12, find Lyndsay’s optimal consumption of good 1. (Hint: this is Leontief utility).

a) Using the information from question 3, find Lyndsay’s optimal consumption of good 2.

5. Anya has utility given by ??(?1,?2)=12?1+9?2. If ?1=$4,?2=$2, ?=$20, find Anya’s optimal consumption of good (Hint: this is linear utility).

a) Using the information from question 5, find Anya’s optimal consumption of good 2.

What is measured by a stock’s “beta”? Suppose that stock A has a higher beta than stock B, but its rate of return has a lower standard deviation than that of stock B. According to the CAPM, which stock should be expected to offer a higher average rate of return? Explain.

How will U.S. Healthcare look in 2050?

What does the better economic growth performance of Botswana compared to Nigeria tell us about institutions versus natural resources as causes of economic growth?

What is a strong and clear thesis statement about poverty in the US?

Here is my intro to my essay but not sure if thesis (last sentence is good)

Poverty is about not having enough money to meet basic needs such as food, clothing and shelter. However, poverty is much more than just not having enough money. It can be not having a job that pays more than minimum wage, those living under a single parent household, or those whose head of the household is unemployed. It is fear for the future and basically living one day at a time or paycheck to paycheck. Not to mention, when poor people are excluded or labeled as being a certain way or having certain negative tendencies within a society, in the end it can lead to damaging consequences for society. In other words, we all pay the price for poverty. Something needs to be done to help the poor get out of poverty and improve our economy and society in the United States.

The combination of falling U.S. housing prices and the large number of subprime borrowers defaulting on their mortgages just prior to the financial crisis of 2008 created a solvency problem for U.S. commercial banks that had provided mortgage loans to subprime borrowers and held those mortgages on their balance sheets (ie. they did not sell them to Special Purpose Vehicles). Briefly explain how these two events could threaten to make those U.S commercial banks insolvent.

The city is considering 2 separate cell tower providers. The city expects a benefit-cost ratio of 1.0 or better, and their cost of capital is 10% per year. Assume repeatability

a) Conduct benefit-cost ratio on the Verizon and AT&T projects and indicate which project is the preferred project (Show Work)

b) Conduct an incremental difference to validate the decision.