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Suppose a country has net exports of 40, transfer payments of 20, net investment income of -15, and a balance of payments surplus of 10. Find the country's current account balance and capital account balance.
Explain why this phenomenon may be a good thing, using the laws of supply and demand to explain your answer.
Immediately after a hurricane, it is likely that the quantity demanded for tree cutting/removal services will ______ the quantity supplied, causing the price of tree cutting/removal services to ______. The question of who pays the greater amount of a..
Find importance of activities in terms of total product cost - Compare costs across activities & against competitors
Let Y represent income and L represent hours of leisure. Mike's utility for income and leisure is U(Y,L) = Y x L so that marginal utility of leisure = Y and the marginal utility of income = L. Total hours available for leisure and work in any given w..
what is the least-cost input-combination of labor and capital and how much output is produced with that set of resources?
After Iraq invaded Kuwait, gasoline prices rose dramatically – up 50 percent. There were many effects of the increased price of gasoline. Explain the following effects in terms of the income effect, substitution effect, or both effects:
In general, correcting income distribution data for taxes and transfer payments results in:
Consider a simultaneous-move auction in which 2 players simultaneously select bids, which must be in nonnegative integer multiples of one cent.
What is the probability that a can of soup will have between 9.4 and 10.3 ounces? What is the mean weight of a can of soup? d. What is the standard deviation of the weight?
q1. suppose the federal reserve has set the required reserve ratio at .20. second republic bank currently has 150000 in
suppose that beer preresents 22 percent of the economy and pizza represent 4 percent. Chocolate is the rest of the economy. What was the inflation rate for this economy?
how many pineapples will she consume? If her income increases to $120, how many grapefruits will she consume? Are grapefruits a normal or inferior good?
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