Suppose That the World Consists of Only Two Countries, a and B

question 8

Essay

Suppose that the world consists of only two countries, A and B, of relatively equal sizes. The world interest rate in such a model is some average of the autarkic (no trade) interest rates in each of the two countries.
a. Draw "parallel" loanable funds markets for the two countries and show the position of the world interest rate. (Hint: What relationship must exist between the NCOs of the two countries?)
b. Suppose country A enacts laws that induce people to save more. Show the effects of such laws on each country's domestic amounts saved and invested.
c. In the currency-exchange diagrams for both countries, show the effect of country A's savings policies on both countries' exchange rates and net exports.

Recognize the tax implications of property received as a gift or inheritance.

Determine the impact of business and investment transactions on Adjusted Gross Income (AGI).

Understand the foundational principles of situational leadership.

Identify and differentiate between the directing, supporting, coaching, and delegating leadership behaviors.

---

Definitions:

Patricia Hill Collins

An American sociologist recognized for her research and theory on race, class, gender, sexuality, and nationality, especially as they intersect.

Black Patriarchy

A social and cultural system where black men hold power and dominate in matters of political leadership, moral authority, social privilege, and control of property within the context of black communities.

Heterosexism

The discrimination or prejudice against homosexual people on the assumption that heterosexuality is the normal or preferred sexual orientation.

Black Sexual Politics

An area of study and activism that examines the intersection of race and sexuality within the black community, addressing issues like stereotypes, representation, and sexual health disparities.