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If all the women in a country stay at home as housewives, are they counted in the country's labor force? If these people give up being housewives to work, will the country's GDP rise?
In which of the following situations is the Coase theorem likely to apply? Explain.
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.
In 1999, the Canadian economy was at full employment. Real GDP was $886 billion, the nominal interest rate was around 6 percent per year, the inflation rate was 2 percent a year, the price level was 110, and the velocity of circulation was constant a..
Which do you think is more useful to someone considering the purchase of a home, the median or the mean? Why?
You won a free ticket to see a Bruce Springsteen concert ( assuming the ticket has no resale value) U2 has a concert the same night, and this represents you next best alternative activity. Tickets to the U2 concert cost $80, and on any particular day..
Refer to the yield curve above for February 2015. According to the expectations theory, what was the interest rate expected to be on a one-year Treasury security February 2016? Refer to the yield curve above for February 2015. Suppose the yield on th..
Adam invests $2,800 at the beginning of each year for 15 years in a bank account and leave that amount for the next 15 years.The bank offers you a return of 4.5% per annum. What is the value of the investment at the end of 30 years.
The Federal Reserve’s target rate for the federal funds rate
Explain demand theory. Discuss factors that cause changes in demand and quantity demanded.
Governmental Budgeting Process Using a local, state, or federal government agency’s budget: Analyze how and where revenues are derived for the agency. Analyze which revenues are used in which funds: governmental, proprietary, and fiduciary.
illustrate what kind of policy would you recommend to slow population growth.
What is the difference between absolute and comparative advantage? Which is more appropriate for current trade policy?
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