Economic Development

Financial Economics

Principles of Economics

Principles of Economics II

Filip Vachuda HW 8 Federico 1. a. NX increases by $500,000 and, since NCO = NX, NCO increases by $500,000 b. NX increases by $500,000 and, since NCO = NX, NCO increases by $500,000 (NCO for exchange rate not impacted as net capital inflow = capital outflow) c. NCO of US stays the same, as the loan going out is transferred back into the US in full, so the net capital fl

ECON | 1012 | Principles of Economics II | Filip Vachuda HW 8 Federico 1.

August_28th.docx-th August Slope ● = Rise/run,

Filip Vachuda Section 10 Discussion 35 (Federico) 1. In the money market model, money demand depends negatively on the value of money, holding income constant. a. Suppose income decreases overall, how would this impact money demand? Please specify whether money demand increases or decreases, and explain briefly (1 sentence would be enough!). If income

ECON | 1012 | Principles of Economics II | Filip Vachuda Section 10 Discu

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Economic Development Notebook Development Introduction ● More than economic growth- can have economic growth without reducing poverty/inequality ● Last 50 years show that ○ Development and poverty reduction are possible eg. East Asia ○ Development and poverty reduction are not inevitable eg. much of Africa ○ This course is about how both can be true. ● W

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