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A reduction in income will cause: a reduction in the supply of central bank money a reduction in the demand for currency and reserves an increase in the demand for reserves none of the above If nominal GDP rises from $100 billion to $120 billion, while the GDP deflator rises from 2.0 to 2.2, the percentage change in real GDP is: -10.00% 10.00% 1.10% 9.09%
karl marx argued that all value in goods and services commodities came from the expenditure of labor in production.nbsp
a machine is purchased for 150000. revenue for the first year was 50000. over the total estimated life of 8 years
what advice would you give as the economic analysis team and Your client states that it is worth $4,000 annually to be his own boss and not be a butcher any more. Would that change your advice? How and why?
Appraise baumols sales revenue maximazation theory as an alternative of the firm
the government pays attention to elasticity of demand when it selects goods and services on which to levy excise taxes
Assume that the demand changes to QD = 600-2P and the supply function stays the same. Graph the new situation in Excel. Find the new equilibrium price and quantity, and show it on your graph.
suppose that u.s. citizens start saving more. what does this imply about the supply of loanable funds and the
a identify three economic variables that create differences in market interest rates on assets andor liabilities. b for
part of a workers pay on an automobile assembly line is based on the number of cars in a pay period that come off the
a corporation purchased a machine for 60000 five years ago. it had an estimated life of 10 years and an estimated
The average age of engineering students at graduation is a little over 23 years. This means that the working career of most engineers is almost exactly 500 months. How much would an engineer need to save each month to become a millionaire by the end ..
Suppose that a monopoly industry produces less output than a similar competitive industry. Discuss why this may be considered socially undesirable. Is this because it is always socially beneficial to produce more of some product
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