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Assume that a US company imports 10 million dollars worth of car motors from Japan. The motors are stored in a warehouse and will only be used by next year. Mark all the CORRECT statements: a) On the production side computation of GDP: GDP does not increase. a) On the production side computation of GDP: GDP increases by 10 million. b) On the expenditure side computation of GDP: Investment in inventories will increase by 10 million. c) On the expenditure side computation of GDP: Imports will increase by 10 million. d) On the income computation of GDP: the purchase will induce 10 million negative prots. e) On the income computation of GDP: the purchase will induce no changes.
"A PowerPoint presentation would be appropriate for this group," he says. "I want you to include slide notes, too, in case we have to go back.
1. On which does the aggreagate production dunction does NOT depend? A) thequatity of physical capital per worker B) human capital per worker C) the state of technology
Analyze any comparative advantages and international trade opportunities. Explain the factors that will affect demand, supply, and prices of that product. Examine factors that will affect Total Revenue, including but not limited to.
What are some of the reasons that the U.S. has greater degrees of income and wealth inequality than other high-income market capitalist economies?
Suppose that country C would be willing to export the product to A for $15 per unitwhile country B, the low-cost world producer, is willing to export at a price of $10. Similarly, let the lines (SB + tariff) and (SC + tariff) denote the domestic p..
What is the marginal product of the second worker and what is the marginal revenue product of the fourth worker?
How does a car salesperson practice price discrimination? How does the ability to discriminate correctly affect his or her earnings?
which of the following is true regarding a banks capital-asset ratio?ahigh capital-asset ratios are desirable as they
Have you ever changed your behavior because of an incentive? Which type of incentive is more effective, negative re-enforcement (punishment) or positive re-enforcement? Explain your reasoning with economic theory.
How does a government approved low inflation mandate for the Bank of Canada help ensure the independence of the Bank of Canada? How does this low inflation mandate impose a constraint on the Government of Canada's ability to run large and persistent ..
Graph the Marginal Product of Labor Curve, Graph the Total Product of Labor Curve and Graph the MRPL and MEL curves and note the quantity of labor at which MRPL = MEL
Schools of Thought in Macroeconomics: How does each one explain what causes an economic downturn and increase in unemployment?
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