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Consider the situation of the US debt and deficit? Is the deficit and the debt a problem to be dealt with or not? Explain. Why do those who worry say it is different from the World War II debt? Can the FED keep buying up 40% of the government bonds floated? Explain. What danger does that hold?
Refer to the above data. If the product price is $95, at its optimal output will the firm realize an economic profit, break even, or incur an economic loss?
Illustrate what is an investment schedule and how does it differ from an investment demand curve.
Suppose an economy in which customers expenditure is represented through the following equation, Determine the equilibrium level of income
How much can Wells Fargo lend to developer who will repay the loan by selling first 6 view lots out of 13 lots at $190,000 each 2 year from now? Assume the bank will lend at a nominal 14% per year, compounded semiannually.
saving exceeded investment and the government is running a balanced budget. What is likely to happen What would happen if the government were running a deficit and saving were equal to investment
Suppose the market for ice cream cones is made up of three consumers:: Josh,Daisuke, and Tim. Use the information in the following table to construct the market demand curve for ice cream cones.
Suppose that Wal-World and Tarbo are independently deciding whether to implement a new bar code technology. It is less costly for their suppliers to use one system and the following payoff matrix shows the profits per year for each company.
Suppose Home has 100 units of labor and 200 units of capital, while Foreign has 300 units of labor and 150 units of capital. Under free trade, which country would export cloth? Which country would export food? When the two countries start trading,..
Decline in the marginal propensity to consume by -.3 (i.e. MPC = 0.5: people consume half of their income). What is the new value of aggregate income?
Describe why the understatement of inventory by 66,000 at then end of 2004 results in an understatement of equity by same amount in that year.
Income from the mining of mineral deposits usually decreases as the resource becomes more difficult to extract. Determine the future worth in year 10 of a mineral lease that yields income of $12,000 in years one through four and then amounts that..
Assume a country that basically consumes 100 pairs of shoes per hour, all of which are imported. The price of shoes is $40 per pair before a ban on importing them is imposed.
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