Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Measuring GDP
The following table shows data on consumption, investments, exports, imports, and government expenditures for the United States in 2010, as published by the Bureau of Economic Analysis. All figures are in billions of dollars.
Fill in the missing cells in the table to calculate GDP using the expenditure approach.
Data
(Billions of dollars)
Consumption (C)10,215.7Investment (I)1,737.3Exports (X)1,844.4Imports (M)2,356.1 Net Exports of Goods and Services
Government Purchases (G)3,057.5Gross Domestic Product (GDP)
Solve for Net Exports of Goods and Services and Gross Domestic Product.
One year of life is then worth a little less than $67,000. Actually, if you are talking of Quality adjusted life year, your last calendar year might be worth considerably less than one quality adjusted life year ignoring that. They can’t spend more t..
Prove that the indirect utility function representing continuous and locally non-satiated preferences is increasing in income. Consider (a) the case where v( ) is differentiable and (b) the more general case.
The price of televisions has been declining in Japan for the past few years. Explain how it affects the value of marginal product of labour (VMPL), equilibrium wage and quantity of labour in television factories in Japan. Explain with a diagram.
Sometimes, a bidder on a work contract may bid lower than what would maximize his/her profit from the contract and the reason for that is to create goodwill. How would you value the goodwill that is obtained in this way?
Electricity is often generated using coal fired plants. Unfortunately, coal burning produces SO2, which causes acid rain. Consider two countries that border each other to answer the following question. Country A’s SO2 emissions are known to negativel..
CSR and Boral have announced the intention to form a joint venture of Australian east coast brick operations, citing reduced brick usage as a major cause
Union B faces a demand curve in which a wage of $6 per hour leads to demand for 30,000 person hours, whereas a wage of $5 per hour leads to demand for 33,000 person hours. Which union faces more elastic demand curve.
Write down the decision box which combines the letter grade also the amount of fun you have into a single payoff for each outcome.
A common complaint is that a new car will depreciate by 25% as soon as the new owner drives it off the lot.
1. Indicate whether a statement below is true or false by writing either T or Fnext to each. If false, give an example where the statement does not hold. (i) A Nash equilibrium maximizes the sum of utilities of the players in every game.
Four percent of the customers of a mortgage company default on their payment. a sample of five customers is selected. what is the probability that exactly two customers in the sample will default on their payments?
Assume that a national restaurant firm called BBQ builds 10 new restaurants at a cost of $1 million per restaurant. It outfits each restaurant with an additional $400,000 of equipment and furnishings. What is the amount of economic investment that ha..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd