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Macroeconomics Discussion
When we calculate GDP we do not include intermediate goods. We also leave out things like securities (stocks and bonds) and we leave out used goods. Would it be more or less accurate for economists to include some or all of these? Explain what issues arise in each of these three cases if they were to be included in our measure of GDP.
What is price elasticity? How does Moore's Law relate to this concept? What is sepcial about falling chip price?
Politicians who support the green movement often argue that it is profitable for firms to pursue a strategy that is "environmentally friendly".
What do we call goods that are replacements of one another especially when a price of one increases and the demand for the other goes up?
someone drives through green hills you see large luxuriant homes spread across very large and beautiful pieces of real estate. Why are nice homes usually built on expensive lots rather than cheap ones
In turn, what factors influence the level of investment what sort of government policies or programs are capable of stabilizing employment and dampening the business cycle How do these policies work
Taxi fares in New York recently were increased by nearly 50%. Predict the effect on the price of taxicab medallions, the earnings of taxicab drivers and congestion in New York streets.
Write a program that will read in 12 integer values into a 3 x 4 two-dimensional array (i.e., an array of 3 arrays of 4 integers). The values should be entered via standard input.
Brand recognition is an important factor for many businesses - both large and small. The term 'brand' refers to the means by which a business creates an identity for itself and highlights the way in which it differs from its rivals. Branding creat..
Illustrate what other economic factors are affected when taxes are raised or lowered, and how are they affected.
Assume the price of the futures contract changes as shown in the following table. Enter the relevant information into the table. Show your calculations.
If the banks' desired reserve ratio (rr) is 2.5% and the public's currency ratio (cr) is 7.5%, an increase in monetary base (MB) of $1,000 will result in?
The demand schedule (or demand function or curve) for a good shows the total quantities (Q) that buyers are willing and able to buy at various prices (P) in some period of time. For example, here is a demand function illustrating the very special ..
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