Reference no: EM13243388
1. The term aggregate, in macroeconomics, refers to _________.
2. An annual inflation rate of 2% would cause prices to double _______ in years
3. Which of the following is true concerning macroeconomic goals?
4. The most variable portion of GDP has been _______.
5. Gross domestic product is ________.
6. Which of the following would be included in the income approach to calculating GDP?
7. The two main methods of measuring GDP are ___________
8. Net investment refers to _________
9. The underground economy ________
10. Which of the following is the formula for real GDP?
11. Value added in a country equals ________.
12. Which of the following is an example of a coincident indicator?
13. The business cycle consists of several stages or phases. Which of the following sequences is in a proper order of a business cycle
14. Economic statistics that give support to the economy's present performance are referred to as ________
15. The difference between net domestic product and national income is ________
16. The difference between personal income and national income is due to ________.
17. If you wanted to measure the amount of income households had available after paying personal taxes, which of the following would you use?
18. Fiscal imbalance refers to _______.
19. Coincident indicators are economic time series data that reach their respective highs and lows _________.
20. Under the Budget Enforcement Act of 1990, Congress would not allow itself to _______
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Calculate the total return and not worry about how
: Suppose that a security costs $1,500 today. a Calculate the percentage return on the security if the payoff to the security in one year is $1,000, $1,500, $2,000, or $2,500.
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How does a federal budget deficit affect the economy
: What is a government budget deficit How does a federal budget deficit affect the economy Howdoes it affect the level of investment and interest rates How doesit affect the individual consumer
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Using ampère''s law find the magnetic field
: A very long, hollow cylinder (radius 4.7cm) is formed by rolling up a thin sheet of copper, Use Ampère's law to find the magnetic field outside the cylinder at a distance 6.8cm from the axis
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State the pressure of the gas sample will be
: A sample of krypton gas at a pressure of 0.621 atm and a temperature of 20.7oC, occupies a volume of 17.2 liters. If the gas is compressed at constant temperature to a volume of 5.62 liters, the pressure of the gas sample will be
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If you wanted to measure the amount of income
: If you wanted to measure the amount of income households had available after paying personal taxes, which of the following would you use?
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Find the welfare loss due to monopoly
: A monopolist has the following total cost curve. where P(Q) is the price that consumers are willing to pay forQ units of output. Find the welfare loss due to monopoly. Assume that acompetitive firm will equate marginal cost to price.
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How would you change your response if marginal revenue
: A monopolist has determined that marginal revenue is $2.00 and average cost is $1.75. It has also determined that the lowest sustainable average cost is $1.75. To maximize profit, should the firm lower its price, increase its price, or leave the pric..
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Find the magnitude of potential difference between a and b
: The work done by an external force to move a -7.75 µC charge from point a to point b is 25.0 ? 10-4 J. What is the magnitude of the potential difference between a and b
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Explain what effect will have on the aggregate supply
: Suppose the government mandates that all companies over 50 employees must provide an increased level of health care benefits. explain what effect this will have on the aggregate supply curve.
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