1. What do you see as the role of the Internet in building brands? How would you evaluate the Web site for a major brand—for example, Nike, Disney, or Levi’s? How about one of your favorite brands?

 

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1. What does the capital account show?

2. What is ‘hot money’?

3. What has caused Britain’s balance of payments current account deficit?

 

 

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1. What does the Phillips curve show?

2. How did Keynesians attempt to reduce unemployment?

3. What is NAIRU?

7. In ‘new’ macroeconomic models, what effect will an increase in aggregate supply have on prices and unemployment?

 

 

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1. What happens if a Munin process modifies a shared variable outside a critical region?

2. Give an example of an in operation in Linda that does not require any searching or hashing to find a match.

3. When Linda is implemented by replicating tuples on multiple machines, a protocol is needed for deleting tuples. Give an example of a protocol that does not yield races when two processes try to delete the same tuple at the same time.

4. Consider an Orca system running on a network with hardware broadcasting. Why does the ratio of read operations to write operations affect the performance?

 

 

 

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1. What happens to the reservation wage if nonlabor income increases, and why?

2. What economic factors determine whether a person participates in the labor force?

3. How does a typical worker decide how many hours to allocate to the labor market?

4. What happens to hours of work when nonlabor income decreases?

5. What happens to hours of work when the wage rate falls? Decompose the change in hours of work into income and substitution effects.

 

 

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