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Societies choose what share of their resources to devote to consumption and what share to devote to investment. Some of these decisions involve private spending; others involve government spending.
a. Describe some forms of private spending that represent consumption and some forms that represent investment. The national income accounts include tuition as a part of consumer spending. In your opinion, are the resources you devote to your education a form of consumption or a form of investment?
b. Describe some forms of government spending that represent consumption ad some forms that represent investment. In your opinion, should we view government spending on health programs as a form of consumption or investment? Would you distinguish between health programs as a form of consumption or investment? Would you distinguish between health programs for the young and health for the elderly?
Forecasters predictions of inflation are notoriously inaccurate, so their expectations of inflation cannot be rational.
If the demand for gold residue high explain what would happen to the price in excess of time.
Find out the CPI in the subsequent year also the rate of inflation between the base year also the subsequent year.
Electoral College system take a country named know land that has. Suppose there are 9 small states in know land where each have 1 million people in.
Every may either 'cooperate' with its rival or 'cheat' in every period of play. If both cooperate, they earn $100 every in that period.
Think of any financial innovation in the past ten years
Assumes the perfectly competitive firm is in long-run equilibrium also there is an rise in Demand
What does it mean when asked; what are some considerations to remember given the different roles and people in the audience.
Bud has very limited store space and has decided to limit his product line to one brand of beer, choosing to forego the snack food lines that normally accompany his business.
Illustrate what does the area EBCD represent. Provide a full explanation of the concept that is shown in that area.
What would be ultimate impact on the equilibrium price also quantity in the market for oak tables if the price of maple tables.
Find Equilibrium GDP (Y). If potential GDP is 1950, is the economy in a recessionary or inflationary gap. Suppose that the MPC, falls to 0.75, so C = 0.85DI. Find Equilibrium GDP.
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