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Use below questions to fill in the blank cells in the table.
Consumption GDP
10520 10400
? 10600
10840 ?
11000 11000
? 11200
11320 ?
11480 11600
1) Calculate, MPC and MPS and the multiplier. Explain concepts of all of them.
2) If the consumption expenditures increase by 180 mln what will be the new equilibrium.
An engineering and construction management firm with a $1M taxable income is opening a branch office. Nearly $250,000 worth of furniture will be depreciated.
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A two-input (using capital and labor) Cobb-Douglas production function takes the form:
The difference in inflation rates among industrialized nations is often only a few percentage points. Nevertheless, annual exchange rates among currencies of industrialized nations have changed by more than 10% in some years. Evaluate what this sugge..
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There are very large numbers of restaurants in major cities such as Los Angeles, and very large numbers of restaurant customers, so it is appropriate to use the supply and demand model to analyze the market for restaurants in this sort of city. Compe..
Calculate the net present value of each of the 2 projects. Which would be preferred according to the net present value criterion?
what additional information would be useful in the pricing decision? What would be your recommendations for setting up a model to forecast future demand for this product?
Suppose that the weight (x) in pounds of a 30 year old man is a normal random variable with mean 182.9 and standard deviation of 20lbs.
The table below depicts the prices and total costs a local used-book store faces. The bookstore competes with a number of similar stores, but it capitalizes on its location and the word-of-mouth reputation of the coffee it serves to its customers.
Describe one unique and specific example of market basket analysis or DNA sequence analysis where data mining can help. Explain how it would help the retailer or sponsor of the data mining effort.
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