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Question 1. According to a story broadcast on National Public Radio, "The U.S. is the world's biggest economy, but it's not the richest country." Is this statement correct?
c. Is the US the richest country in the world? Justify your answer.
explain how one of the components of the gdp would help you to predict the amount of inventory to keep in stock if you
Suppose instead of coding dummies as 1 and 0, you code them as -1 and + 1. How would you interpret the regression results using this coding?
Recommend one policy that the government can implement (other than changing population) to increase real GDP per capita? Please explain
What is the business cycle and how is it linked to a secular trend? Describe each of the four phases of the business cycle and indicate how they a linked to the concepts of a "boom", a "recession" and an "expansion".
Assume you are the manager of a California winery. How would you expect the following events to affect the demand or quantity demanded for your product?
Evaluate the megatrend of demographics in the IT field. Give your opinion as to why IT managers must understand this megatrend when selecting talent for organizational positions.
Finally, compare the relationship between the trade and budget deficit in each decade . Write a paragraph and summarize your findings. You may use different sources to help you with this assignment.Make sure to include tables for your data.
what did this do to the official measure of GDP? was the measure of GDP more accurate before WWII or after? - why? what new industries sprang up
assume you are the plant manager for crossroads sign company which produces road signs in a market that approximates
Explain how building more freeways may eliminate the shortage and diagrammatically show and explain why there is a shortage of classroom space for some college classes and a surplus for others.
Suppose that disposable income, consumption, and saving in some country are $800 billion, $700 billion, and $100 billion, respectively. Next, assume that disposable income increases by $80 billion, consumption rises by $60 billion, and saving goes..
In the Market System (the Capitalist Economy), who decides what goods and services are produced and how they are produced
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