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Real GDP in the US (in 2012 Dollars) was $15.6 trillion in 2007 and $18 trillion in 2017. The growth rate for Real GDP averaged 3.3% in the 15 years before 2007, but has only averaged 1.5% since then due to the effect of the Global Financial Crisis.
How much larger would Real GDP in the US be in 2017 if economic growth had continued at the same pace as before the crisis? (keep you answer in trillions of US dollars, round to two decimal places)
What is the quantity of hammers imported before the tariff? What is the quantity of hammers imported after the tariff? What would be the amount of consumer surplus before the tariff?
what role does economics play in your employer's decisions and If not, elaborate on the noneconomic criteria your employer uses to make business
Briefly explain why as output increases total cost eventually rises faster than total revenue for a perfectly competitive firm.
Review the following mission statements. Evaluate each mission statement based on the above criteria and explain how the mission statements meet or failed to meet those criteria.
compare and constract equilibrium for a monopolistic fir and that of a perfectly competitive firm. clearly labelled
examine a perfectly competitive firm that you have recently purchased a product from focusing specifically on how it
Identify and describe a business crisis situation and the main leaders involved. It could be one that you have experienced or have read about. Be sure to include a discussion of ethical implications.
What is the impact of the minimum wage on employment? Does it matter which of the two curves (supply or demand) is "more" downward sloping? Why?
Describe how we calculate the percentage decline in national income resulting from the misallocation of labor in a model of monopoly unionism.
You are organizing a rock concert to benefit Amnesty International. The concert is to be held in a football stadium that has a seating capacity of 56,000. There are two kinds of seating: reserved and general. Compute the value of the Lagrange multipl..
Write a Research paper Human Capital and Econ Development. This section will include the appropriate approach of your analysis of the paper in the next section.
Critically assess the view that independent regulatory agencies are necessary to achieve the best possible level of efficiency in gas pipeline and electricity wires businesses.
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