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Supposed GDP is $800 billion, taxes are $150 billion, private saving is $50 billion, and public saving is $20 billion. Assuming this economy is closed, calculate consumption, government purchases, national saving, and investment.
A system which was established with a cost of $1000000 five years ago has a market value of $ 5000 with a salvage value of $30000 after 1 year and $25000 after 2 year and $ 15000 after 3 year the annual worth of the challenger will be $ 65000 perform..
Assume a majority of governors are reluctant to increase interest rates to fight inflation for fear of causing too much unemployment in the short run. How is this situation most likely to affect the Fed's credibility?
Investors in which two countries accounted for about 25 percent of all foreign purchases of U.S. stocks and bonds in? 2012? A decrease in the price level results in? a(n) ________ in the quantity of real GDP demanded because a lower price level? ____..
Top Toys is planning a new radio and TV advertising campaign. A radio commercial costs $300 and TV commercial costs $2000. A total budget of $ is allocated. For TV, the first commercial will reach 4,500 people and each addition one will reach 3,000. ..
A diminishing marginal rate of substitution implies that indifference curves are
Discuss the two types of inflation. Explain the differences and give an example. Explain what, if anything can be done to avoid either type?
Demand & Supply Model: Local experts forecast that global warming will lead to less rainfall and water shortages in the future (Gazette-Times, Corvallis, OR, Feb 26, 2011, A3). Use the demand and supply model to determine whether or not a reduction i..
XYZ is a small leather shoes manufacturing company. The market for the brand of shoes produced by XYZ is highly competitive, currently selling for $100 per pair. XYZ's total and marginal cost functions are as follows: C(Q) = 1,000,000 + 0.01Q2 MC = 0..
In current business publications, find examples of forms whose strategies to increase profits focus primarily on generating more revenue. Compare these cases with firms that are trying to cut costs to increase profits
Explain how the United States calculates unemployment and why many economist do not find this as a real economic indicator. How is unemployment calculated in other countries? Give two examples. What are your thoughts and ideas on this?
For each item below, draw a graph with quantities of pepperoni pizza on the horizontal axis and quantities of anchovy pizza on the vertical axis to illustrate the following situations. In each case draw two different indifference curves and make a li..
Short run cost function tables include information detailing average variable cost, average fixed cost. average total cost, and marginal cost. which of the figures do you consider most important for an organization to evaluate when determining levels..
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