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For the 2nd quarter of 2011, identify the estimate for the current dollar value of Gross Domestic Product for the USA and explain in words what this number measures.
How rapidly has the money supply (M1) grown during the past twelve months State the rate of growth and the most recent release, use the seasonally adjusted figures. Calculate the rate of growth across the year.
If the gov spends $10 million giving subsidies to certain types of companies, is that money added to the category of G. What about if the gov gives a grant to a company. What about transfer payments made by the gov to the poor.
There are two types of consumers of potatoes: 10 are rich and 50 are poor.Interpret the differences between the demand of the rich and the demand of the poor.
Efficiency and sustainability are management goals with respect to renewable resources. As Field explains, biological and economic considerations are typically blended in determining the efficient allocation of these resources.
First class passengers generally pay higher fares than coach passengers,even when they take advantage of advance-purchase discounts. Is this price discrimination?
Assume that a company has a budget of $12,000, that the wage rate is $10 per hour, and that the rental rate of capital is $ 100 per hour.
If the customer surplus is small, does it mean that the demand will be greater for regulation or the supply will be smaller for regulation.
Illustrate what should the government's role be with respect to regulating accounting firms in the wake of mismanagement and accounting irregularities.
Analyze the modern notion of microfoundations with Marx's 'real foundation' for the analysis of economic activity.
Compute producer surplus, how much is the difference between the producer surplus and profit in this case
The rule established by the Hadley case is "when damages are awarded, compensation can only be awarded for injuries that the defendant could reasonably have forseen as a probable result of the usual course of events following a breach.
Illustrate what are some of the traditional international trade theories that support the concept of globalization.
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