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The national accounts show that:
Private Investment, I = 250
Net Taxes, T = 250
Government expenditure, G = 350
Saving, S = 150
From the 'circular-flow' concept for a four-sector economy upon which national accounting is based, the trade balance, will have a:
AutoTrader.com would like to estimate the number of years owners keep the cars that they purchased as a new vehicle. The following data shows the age of seven vehicles that were sold for the first time by their owners. Using this sample, the 90% conf..
Other things equal, increasing home prices tend to:
Discouraged employees are not considered unemployed. People who work part time but want to be working full time are considered employed.
When inflation occurs some economic agents gain and some lose. Who would gain and lose if deflation occurs? Why? What will happen to interest rates and investment according to Keynesian and Classical/ Monetarist theories? Is inflation still a possibl..
Elucidate how much of the tax is borne by consumers also Elucidate how much by producers. Illustrate what is the new CS also PS.
Assume the federal reserve bank has decided to engage in contractionary monetary policy. Show and explain how the Fed, through open market operations, simultaneously will impact interest rates in the money market and the price of bonds in the bond ma..
A refrigerator sold for $500. The store announced the refrigerator by charging 0.5% monthly interest on the unpaid balance. If the refrigerator is paid for with 30 equal end-of-month payments: What will be the size of the monthly payments?
Which of the following market transactions of final goods and services are excluded from the computation of U.S GDP
Consider the following price indexes: 90 in 2008, 100 in 2009, 110 in 2010, 121 in 2011, and 150 in 2012. (show all work) What is the base year? How do you know this? What is the inflation rate between 2009 to 2010?
According to the Freedom of Information Act, _____. Which of the following is an ideal condition for a free market? Select one: a. There are no parties, institutions, or governmental units regulating the quantity of the goods being bought or sold in ..
Crusty Cakes sells donuts in Eastown and Westown. Its total costs are given by TC = 10(Qe+Qw). The demand in each neighbourhood is given by Qe = 100 - 2Pe and Qw = 100 - Pw. If Crusty price discriminates between the two neighbourhoods, how much are i..
Why was Microsoft willing to spend billions of dollars to fight antitrust suits? The case mentioned in the article on Blackboard was finally settled in 2002 with the final outcome in 2011. What eventually happened to Netscape and Java? Hint: You will..
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