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What is the concept of Balance of Payment of a State? How would you distinguish the composition of the current, capital and monetary accounts of BOP? Differentiate between BOP and Balance of Trade between two countries.
Using the value of MPC = 0.8, and knowing the difference between the values of expenditure multiplier and the tax multiplier, it can be safely stated that the reduction of taxes by $400 billion (other things staying the same), Estimate increased leve..
Brenda owns a construction company that employs bricklayers and other skilled tradesmen. Her firm’s MRP for bricklayers is $22.25 per hour for each of the first seven bricklayers, $18.50 for an eighth bricklayer, and $17.75 for a ninth bricklayer. Gi..
Suppose that annual income from a rental property is expected to start at $1,000 per year and increases at a uniform amount of $50 each year after the first year for the 10-year expected life of the property. Assume an interest rate of 10%/year. Assu..
Firms in the market for soccer balls are selling in a purely competitive market. A firm in the soccer ball market has an output of 5,000 balls, which it sells for $10 each. At the output level of 5,000 the average variable cost is $6.00, the average ..
q. 1. illustrate what are the different measures of the national income? explain how this information is usually
Compute the marginal and average tax rates for three individuals respectively earning $70,000, $93,500 and $200,000 annually.
You will submit a 2 page paper based on an article about an economic topic. The paper should be a summary of the article and then analysis of the economic principles discussed (Supply & Demand for a product, Elasticity of a certain product, or analys..
From 1978 to 2011 China's economy grew at an extremely high rate. A number of reasons have been cited as source of this growth rate. Given those reasons which economic growth model, do you think would be best in explaining the growth of China. You ca..
Provides a conceptual base for managers to assess and enhance strategic performance in a business organization through the integration of the core business functions, effective resource management, and sound leadership.
Elucidate how the central bank manages a nation's monetary system. Outline the stated direction of recent monetary policy in the United States.
Explore how a firm determines the optimal scale of a plant for a given rate of output and why this determination relates to longer-run strategies versus current operations. Also, discuss the differences between economies of scale and economies of sco..
The United Nation's Department of Economic and Social Affairs, Population Division, tracks the total number of foreign-born people by nation.
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