g clear answers

Suppose that there are 2 countries deciding whether to submit a proposal to host an international sporting event. It costs k > 0 to submit a proposal and the value of hosting the event to both countries is v > k. If country i (i = 1 for country 1 and 2 for country 2) submits a proposal then i must also choose the size of a bribe bi 0 to pay. The bribe is paid regardless of whether country i wins or not. When both countries submit a proposal, the country that pays the biggest bribe wins the right to host the tournament, and in the event that the bribes paid are the same size, each country wins with probability 1/2. If just one country submits a proposal that country wins and if no country submits a proposal then no one hosts the tournament.

(a) Are there any pure Nash equilibria of this game?

(b) Find a symmetric mixed strategy Nash equilibrium in which each coun- try submits a proposal with probability 0 < p < 1 and, when submit- ting a proposal, each firm submits a bribe drawn from a continuous1 CDF F, with F(0) = 0, F(v k) = 1 and that is strictly increasing in the interval [0, v k]. Find F and p.

The objective of this activity is to understand the labor data of Puerto Rico. You should read the most recent report from the Department of Labor and Human Resources that is included in the assignment. (www.trabajo.pr.gov). Based on the data in the report, you must answer the questions given about the relevant aspects of that period.

Questions:

A. How jobs are distributed by educational level and by occupational group

B. Present the change in the unemployment rate from the month and the previous year.

C. Present the labor participation rate and its most recent changes.

Estimate which quadrant of the swan diagram is Japan operating in (i know that it is currently in the deficit unemployment quadrant but i need further explanations)? What might that predict about the role for policymakers - what should be the policy focus - internal and external balance?

Question 1

Explain the difference between a change in supply (or demand) and a change in quantity supplied (or demanded).

Question 2

I was wondering what some examples of future expectations may be from the citizens? For example, may future expectations of the water usage going up or the water prices lower? I understand that you said that the sellers anticipate a cheaper price but why would that cheaper price be necessary for the future? If you could add some details about that I would love to read your input on that. Nonetheless, you have answered these questions wonderfully.

Let US be the home country and Canada be the foreign country. Suppose that Canada experiences a temporary decline in their real GDP. Assume all else is constant.

Consider the FX market and the money market diagrams we learned within the asset approach to exchange rate determination and answer the following questions accordingly. Explain when the questions ask you to explain. Do not include graphical illustrations in your submitted answer but feel free to draw them on a paper as they will help you develop your answer.

[5 points] What happens in Canada money market following the policy change? Explain any changes in the graph. [5 points] What happens in the FX market following the policy change? Explain any changes in the graph. What happens to [5 points] How does the equilibrium spot exchange rate E$/CD change? Why (3 points)?