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Describe GDP and list 2 activities or purchases that will not count toward GDP in 2019 and explain why they will not count.
What will be the government deficit. If the government finances the deficit by issuing bonds, what amout of bonds will it issue?
Discuss how the role of newspapers as an advertising medium would differ for national versus local advertisers. Do you feel that the rate differential newspapers charge national versus local advertisers is justified?
Since the beginning of the Great Recession, the Federal Reserve Bank has engaged in expansionary monetary policy (buying U.S. Treasury bonds) with the goal of promoting economic recovery. If the money supply continues to expand what does that eventua..
Suppose that a consumer’s demand for a product is given by P = 80 – 2Q. A monopolist produces the product at constant marginal cost, where MC = $6. The firm has no fixed costs. Suppose the monopolist sets a two-part tariff for the good where the cons..
q. each day matt eats lunch at school. he likes only twinkies t and soda s and these provide him a utility of utility
The supply of labor generally is considered to be downward-sloping because the opportunity cost of leisure decreases as wages increase. The marginal income tax rate is a person's tax burden as a percentage of total income. The recession that began wi..
A set of earmuffs has an NRR of 30 dBA, and a set of plugs has an NRR of 20dBA. Workers in a car factory are exposed to 110 dBA for 8hrs. Workers wearing the muffs take them off for half an hour each day while working due to discomfort whereas plug w..
It is reasonable to assume that the barriers to entry in market will remain in place despite technological change and competition? Consider newspaper. In most countries there are a fee widely- read newspaper, making this particular section an olipolo..
Calculate the own price elasticity of demand for the demand curve P= 15-3X at prices and compare the outcomes.
If a 10% decrease in the price of gas causes a 30% increase in the demand for standard sized autos, then the cross-price elasticity of demand is: If the price elasticity of demand of for gasoline is 1.8, then a 15% decrease in quantity demanded is ca..
What are the broad empirical regularities associated with growth and development that modern theories of economic growth attempt to explain? Enumerate and describe briefly.
Explain the difference between import substitutions and export promotion as economic growth strategies for developing countries. Be sure to include in your response both the strengths (benefits) and weaknesses (risks) inherent in both strategies. Whi..
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