Some universities charge tuition by the credit hour, while others charge tuition by the semester, allowing students to take as many classes as they desire. How do these tuition structures affect the incentives students face when deciding how many classes to take? Provide an example of a beneficial effect and an example of a potentially harmful effect resulting from the incentives created with each system. How does marginal analysis affect the incentives with each system

1. What does the market for foreign-currency exchange coordinate?

1. foreign investment
2. foreign trade
3. people exchanging domestic currency for the currency of other countries
4. investment and saving

2. Jill, a Canadian citizen, uses some previously obtained euros to purchase a bond issued by a French vineyard. How does this transaction affect Canadian net capital outflow?

1. It increases Canadian net capital outflow by more than the value of the bond.
2. It increases Canadian net capital outflow by the value of the bond.
3. It does not change Canadian net capital outflow.
4. It decreases Canadian net capital outflow.

3. Suppose Canada imposes an import quota on steel. Which of the following describes the most likely effects of this quota?

1. Canadian exports would increase, the real exchange rate of the Canadian dollar would appreciate, and Canadian net capital outflow would increase.
2. Canadian exports would increase, the real exchange rate of the Canadian dollar would depreciate, and Canadian net capital outflow would remain unchanged.
3. Canadian exports would decrease, the real exchange rate of the Canadian dollar would appreciate, and Canadian net capital outflow would remain unchanged.
4. Canadian exports would decrease, the real exchange rate of the Canadian dollar would depreciate, and Canadian net capital outflow would decrease.

Why is home rule limited to cities of 5,000 or more citizens? Why would we want more state control of smaller communities? What are the drawbacks of home rule?

1. Which of the following would cause the real exchange rate of the Canadian dollar to depreciate?

1. an increase in the Canadian government budget deficit
2. capital flight from Canada
3. the imposition of Canadian government import quotas
4. a decrease in the world interest rate

2. The 1998 default by the Russian government had results that were predictable using the textbook model.

Which of the following best describes what happened?

1. The event increased Russian interest rates and net exports.
2. The event reduced Russian interest rates and net exports.
3. The event increased Russian interest rates and reduced Russian net exports.
4. The event reduced Russian interest rates and increased Russian net exports.

3. Suppose that Canada imposes an import quota on automobiles. Which of the following describes the most likely effects of this quota?

1. The quota would cause the real exchange rate of Canadian dollars to appreciate, but it would not change the real interest rate in Canada.
2. The quota would cause the real exchange rate of Canadian dollars to appreciate and the real interest rate in Canada to increase.
3. The quota would cause the real exchange rate of Canadian dollars to depreciate and the real interest rate in Canada to decrease.
4. The quota would cause the real exchange rate of Canadian dollars to depreciate, but it would not change the real interest rate in Canada.

4. Which of the following equations is the GDP identity in an open economy?

1. Y = C + I + G + NCO
2. NX = -NCO
3. NCO = S - I+NX
4. Y = C + I + G - NX

5. What does the market for loanable funds coordinate?

1. supply and demand for dollars in the foreign exchange market
2. people who want to import or export goods
3. sellers and buyers
4. lenders and borrowers

Suppose that the production function for your firm is given by: F(L,K)=L1/2K1/2 w=$1 and r=$1. In the long-run, how many workers and capital should you hire in order to produce Q units of output? Select one: a. L=2Q; K=Q b. L=Q; K=Q2 c. L=0.5Q; K=0.5Q d. L=Q; K=Q e. None of the above

When import increases, does it affect the equilibrium output? I think it won't affect.

as a derivative senior analyst of Bank of Namibia you are requested by the investment committee to submit a detailed proposal on how can derivatives instruments can be used for risk management purposes as well as provide recommendations for the investment committee on how the central bank can develop and regulate a derivative market in Namibia

Do you believe that working at Lowell Mill was a good position for a female in the 1830's? Why or why not? Many of the mill girls were working to help support the education of a male family member. How do you think this affected their attitude towards work and their working conditions?

The table shows the US presidential election results:

                                                          Popular Vote               Electoral Vote

…………………………………………………………………………………………………………………..

Clint Smith                                          69,984,625                              267

…………………………………………………………………………………………………………………….

Don Kruger                                         65,853,516                              271

Who will be the next president? and why?

The value and state of a currency have implications for several aspects of an economy. For several decades the Jamaican dollar has been floating relative to the US dollar, but places like Barbados and the regional bloc of Eastern Caribbean states have had fixed rates relative to the US dollar. Discuss these two methods with emphasis on the following;

a) the advantages of each.

b) the implications of each of these systems on export and import (balance of payments), inflation, unemployment, foreign exchange reserves and volatility.

Discuss attribute based choice models as an alternative to contingent valuation.

(The subject is Natural Resource Economics)