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You are told that 50 cents out of every dollar pumped into the economy goes toward consumption (as opposed to saving). Estimate the GDP impact of a positive change in government spending that equals $15 billion.
The economy has 1000 units of capital and a laor force of 1000 workers. a). Derive the equation describing labor demand in this economy as a function of the real wage and capital stock.
Suppose we consider the woman's labor market experirnce EXPER and its square EXPER2 , to be instrumental for WAGE . Explain how these variables satisfy the logic of insrumental variables
You wish to predict the sale price of single-family residences in Massachusetts. You collect price and property features data on each property sold in the state for the years 2008 - 2014.
Throughout this course, you will prepare a comprehensive financial analysis and proposal (excluding tables, figures, and addenda) that will demonstrate your understanding of key financial concepts, strategies, and practices.
In your opinion, which two determinates currently have the greatest impact on aggregate demand and supply? Justify your response with an example.
A machine is set to fill the small size packages of M&M candies with 56 candies per bag. A sample revealed: 3 bags of 56, 2 bags of 57, 1 bag of 55, and 2 bags of 58. How many degrees of freedom are there
What is the real wage as determined by the price-setting equation and what is the natural rate of unemployment?
Interior Department currently announced that it will increase the entrance fees at Yellowstone National Park in order to increase park revenues.
Suppose the assets of the Silver Lode Bank are $100,000 higher than on the previous day and its net worth is up $40,000. By how much and in what direction must its liabilities have changed from the day before?
Use the information on United State real GDP below to compute real GDP per person for each year. Then use these numbers to compute the percentage (%) raise in real GDP per person from 1987 to 2005.
If unit labor costs in Spain and Portugal rise, but unit labor costs in Germany decline and other producer prices remain unchanged, what effect should these factors, by themselves, have on export trade, and why
Alex works 40 hours a week in the store but receives no compensation. - what s the opportunity cost?
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