Other Economics Answers

How does the form of economic system of South Korea and North Korea affect their state of

economy?

Contrast how a market system and a command economy address the problem of resource

allocation.

Why are economic goals important to the economy?

Given that the USD-INR spot rate is 74.28

calculate

a) the 90days forward USD- INR exchange rate,given that the

• *90 days risk free interest rate in US is 1%
• *90 days risk free interest rate in INDIA is 6%

b)the 180 days forward USD-INR Exchange rate given that the

• 180 days risk free interest rate in US is 1%
• 180days risk free interest rate in INDIA is 6%

c) if the risk free interest rate in the US remains same, while the interest rate in INDIA increases by 50bps, how would the calculations in a) & b) change.

Sowane’s Computer Training School in Sigatoka stocks workbooks with the

following characteristics:

Demand D = 18,500 units/year

Ordering cost S = $26/order

Holding cost H = $4/unit/year

a) Calculate the EOQ for the workbooks.

b) What are the annual holding costs for the workbooks?

c) What are the annual ordering costs?

find mean

items 0-5 5-10 10-15 15-20 20-25 25-30 30-35 35-40

f 2 5 7 13 21 16 8 3

Sowane’s Computer Training School in Sigatoka stocks workbooks with the

following characteristics:

Demand D = 18,500 units/year

Ordering cost S = $26/order

Holding cost H = $4/unit/year

a) Calculate the EOQ for the workbooks.

b) What are the annual holding costs for the workbooks?

c) What are the annual ordering costs?

Assuming a world with only two countries (country A and country B), producing only 2 products (rice and coffee). Country A is reported to be efficient in producing both products, where the unit labor requirement to produce a kg of rice is 1 hour of labor, while for 1 pack of coffee (500g) is 2 hours of labor. On the other hand, country B needs 8 hours of labor to produce 1 kg of rice and 2 hours of labor to produce 1 pack of coffee (500g). In this case, in your opinion, country A and B should produce and export what product? Or they should not export? Explain.

Do you agree with the view that international comparisons of India are as important as within India comparison? 

1. How is political stratification affects the Philippine gobernment?
2. How does social and political stratification lead to inequality?