Assume that Argentina keeps a fixed exchange rate with respect to the Brazilian currency and that the Brazilian central bank decides to lower the money supply in Brazil. Following the monetary contraction in Brazil and to maintain its exchange rate, the Argentinean central bank should Argentinean currency in the foreign exchange market, which leads to a in the money supply in Argentina.

Steffi is reviewing various licenses and their uses. match the licenses to their respective uses.

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value

Which of the following is a competitive benefit experienced by the first mover firm in an industry? a. the first mover will be able to achieve a less steep learning curve. b. the first mover will be able to reduce the switching costs. c. the first mover will not have to patent its products or technology. d. the first mover will be able to reduce costs through economies of scale.