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GDP grew at a much faster 4.8 percent rate in the October-December quarter, but analysts said that growth masked some dangerous imbalances that were not present in the first-quarter report. Almost all of the fourth-quarter increase in GDP wound ups unsold inventory sitting on shelves.
a. If it doesn't get sold, how could it get counted into GDP?
b. Why is this phenomenon described as a "dangerous imbalance"?
For each level of output, calculate this manufacturer's marginal cost (MC) (For convenience, place the Marginal Cost between 0 and 1 boat on the second row, the Marginal Cost between 1 and 2 boats on the third row, and so on)
The discussion assignment provides a forum for discussing relevant topics for this week based on the course competencies covered. To support your work, use the textbook, lectures and scholarly outside sources.
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Suppose that the reserves requirements for checking deposit is 10 percent and that banks do not hold any excess reserves. A. if the fed sells $1 million of government bonds,what is the effect on the economy's reserves and money supply
A cost function for clinic visits in a small inner city clinic. determine the marginal cost for each level of output.
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What is the relationship between marginal physical product (MPP) and marginal cost (MC)? Provide an example(s).
Assume the following game is played one time only. Based on the information in the payoff matrix below, PNC Bank and Citizens Bank are considering an implicit collusive agreement on interest rates. Payoffs to the two firms are represented in terms..
What is the relationship between inflation and unemployment? What would happen to inflation if the unemployment rate would decrease? Make sure to explain your analysis.
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