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Q. George also John, stranded on an island, utilize clamshells for money. Last year George caught 300 fish also 5 wild boars. John grew 200 bunches of bananas. In the 2-person economy that George also John set up, fish sell for 1 clamshell each, boars sell for 10 clamshells each also bananas go for 5 clamshells a bunch. George paid John a total of 30 clamshells for helping him to dig bait for fishing also he also purchased five of John's mature banana trees for 30 clamshells each. Illustrate what is the GDP of George's also John's island in terms of clamshells?
Subsequently the customer paid the balance on 22 October 2012. To customer the Credit terms offered.
If each of the firms sets its own output rate to maximize its profits, assuming that the other firm holds its rate of output constant.
The national economy has been in a slump for several years, but recent signs of strength in much of the economy have led many forecasters to conclude that an expansion could finally be in the offing.
Producing nations outside the organization, like Britain and Norway, should do their share and cut production.
Assume you have a production technology to can be characterized by a learning curve.
Find the equilibrium price also quantity, then find elasticity of demand. Which should the federal government consider when evaluating the rising cost of college.
Elucidate how do your previous answers change in the special case where money demand does not depend on the expected rate of inflation
Large-demonic country time deposits $ 304 billion Currency also coin held by nonbanking public 438 billion Checkable deposits 509 billion Small-demonic country time deposits
When and where did modern economic growth first happen. What are the major institutional factors that form the foundation for modern economic growth. What do they have in common.
Illustrate now have to lend out how much does this bank if it decides to hold only required reserves.
Describe the strategies utilized by the critics of the infant formula companies. Elucidate the concerns of the critics of the formula companies.
Find the autonomous expenditure and induced expenditure in this economy.
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