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Given the following hypothetical data (in millions of naira):1. gross private domestic investment N592. contributors for social insurance N83. interest paid by customers N34. personal consumption expenditures N2065. transfer payments N206. undistributed corporate profits N137. indirect business taxes N258. net exports of goods and services N49. capital consumption allowances N2110. government purchase or goods and services N5911. corporate income tax N2212. personal taxes non-tax payments N29
Calculatea) gross national productb) net national productc) national incomed) personal incomee) disposable income
Suppose the money supply is currently $500 billion and the Fed wishes to increase it by $100 billion. Given a required reserve ratio of 0.25, what should it do?
As result government increases border patrols to catch illegal shipments. U.S. Customs agents perform DNA testing on the caviar to conclude
Find the present value for each year if the interest rate is 6% and then add them together for the total present value of future revenue.
Among which of the following will cause an increase in producer surplus. Which of the following causes a shortage of a good.
Illustrate what is the theoretical differences between ordinary demand functions and compensated demand functions.
Develop hypothetical supply and demand schedules for your good or service. Plot the schedules onto your graph and label the curves with D for demand and S for supply.
The market interest rate increases to 10%. IN the afternoon at what price would your bond sell in the secondary market.
calculate the profit maximinizing output. calculate the economic profit earned. Illustrate what is the industry for product equilibrium.
llustrate the black market for lnternet access, comprising the implicit supply schedule.
Illustrate what fraction of the total variation in trades of Bright Side remains unexplained.
Describe how the product has changed in price and explain whether the price change is due to supply or demand. Did the change in price affect your decision to purchase the item?
Describe how the economic theories and principles you have studied in this course have deepened your thinking about economic behavior.
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