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According to the Japanese government, nominal GDP in Japan in 2008 was lower than in 1993. Does this information implies that Japan experienced a contraction in real economic output between 1993 and 2008?
A local bookstand believes that the demand for the Olympic Edition of a sports magazine is normally distributed with a mean of 1,000 and a standard deviation.
Last fiscal year 01-Jan to 31-Dec, Norco, Inc., had a gross revenue of $20,000,000, cost of goods sold and interest expenses of $5,000,000, and total depreciation charges of $5,000,000. Also on October 1 of last year, Norco completed purchase of and ..
Suppose that country A is now at steady state. There is a one-time increase in population. All other factors are unchanged. Illustrate in the diagram how the country will move toward the steady state. Suppose that technology of country B improves, bu..
Suppose there is an options market in SO2 permits, where each permit entitles one ton of SO2 emissions. Suppose that running a scrubber costs $65 per year per ton of SO2 removed, has a capital cost of $30,000,000, and an expected life of five years. ..
You are the general manager of the Red Dog mine, which is the sole operator in Alaska selling copper. You have a maximum of S =1,000 tons available to sell this year and next year, and the demand for copper will be constant at p = 1000-q each year, D..
Your CEO wants to develop specific criteria to select vendors for office supplies, equipment, etc. and has asked you to investigate selection criteria.
q.it is now january 1 2012. today you will deposit 1000 into a savings account that pays 8.a if the bank compounds
Government wants to change its spending in order to avoid a recession. If crowding-out effect is always half as strong as multiplier effect and if MPC equals 0.9, by Explain how much does government purchases have to change.
Should the government dismiss this citizen's concern as unreasonable? Does your answer change if the market is perfectly competitive? Explain.
Hyundai Case Study - Common case focuses on the operations of Hyundai, the Korean automobile manufacturer, in China.
Explain why scarcity leads to trade-offs. What determines the slope of the consumption choice budget constraint? The labor-leisure budget constraint? The intertemporal budget constraint? Does the economic approach specify what choices people should m..
In deciding between leasing and buying the computer, what is the incremental rate of return?
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