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1. If a poor nation must choose between building an airport, some schools, or a steel plant, which should it choose? Give arguments below in support of each one.
2. List three reasons that inequality for woman reduces economic growth.
Federal and state governments will reduce deficit spending by 1.8 trillion this fiscal year. This action will cause which of the following to occur?
The president of the United States receives an annual salary of $400,000. Derek Jeter, shortstop for the New York Yankees, receives an annual salary of $23.2 million. If the president of the United States actually contributes more to society than Der..
A company borrowed $200,000 at an interest rate of 10% compounded annually over five years. The loan will be repaid in installments at the end of each year in the amounts of: What will be the size of the last payment in year 5 that will pay off the l..
Please consider the case of oligopoly. Are there actually such firms in the U.S. economy? What is their relative importance compared to other types of markets? (Absolutely no need to do research on the Internet; some casual observations will be adequ..
Identify improvement opportunities based on performance measurement
IS-LM-FX Model with Floating Exchange Rate... For each of the following situations use the IS-LM-FX model to illustrate, first, the effects of the temporary shock, and then the policy response. All else equal, there is an increase in the expected no..
Assume that there are 100 identical firms that would be willing to sell 10 units each of the same good if the market price were $5 per unit. They have identical individual supply curves that are positively sloped straight lines that go through the or..
Why do most governments subsidise high technology industries and tax heavily gasoline? Explain with diagram. What are common resources? Give one examples. Why is whale, but not cow, threatened with extinction?
Below are equations representing hypothetical supply and demand curves for apples Supply: P = 0.5 + 0.25 Q Demand P = 14.5 – 0.75 Q. Calculate the quantities produced and consumed of apples in market equilibrium, as well as the price of apples in mar..
Refer to the above diagram, which shows demand and supply conditions in the competitive market for product X. Other things equal, a shift of the supply curve from S0 to S1 might be caused by a(n): government subsidy per unit of output paid to firms p..
this year his company has been given the opportunity to take on two projects that will increase taxable income by $175,000. Determine the effective (average) tax rate on all of last year%u2019s taxable income.
uppose that the two years have elapsed since you purchased the security, and you have received the first two payments of $600 each. Now suppose the market interest rate suddenly jumps to 10%. How much would another investor be willing to pay for your..
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