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Does current spending on the military have a negative effect on the nation's economy?
How does the Monopolies Make Production and Pricing Decisions in Economics?
q1. suppose a health expenditure function is specified in the following manner e 500 0.2y where e represents annual
The following table shows data on consumption, investments, exports, imports, and government expenditures for the United States in 2010
England and Scotland both produce scones and sweaters. Suppose that an English worker can produce 80 scones per hour or 1 sweater per hour. Suppose that a Scottish worker can produce 20 scones per hour or 2 sweaters per hour. Give an example of a tra..
Suppose a society decided to reduce consumption and increase investment. How exactly would this change affect long term economic growth?
Price elasticity of demand is an important concept. With appropriate examples, explain how this concept is related to total revenue.
The United States purchased Alaska in 1867 for $7,200,000. Assume that federal tax revenue from the state of Alaska (net federal expenditures) is $56,500,000 in 2018 and that tax revenue started in 1868 and has steadily increased by 3% annually since..
What is the depreciation charge for the fifth year, and what is the book value at the end of the fifth year?
Suppose you have a sample of body weights from a population of males above 20 years of age. Your sample size is 121 men. Body weights are approximately normally distributed. Your sample mean is 190 pounds, and your estimated population standard devia..
which in this case is lagged second difference. Note that it remains below zero after stock market crash of 1987. You can also do same thing for or variables. Are they fairly consistently away from zero. If so, can you design a rule to make money.
Sometimes wages are set above the equilibrium level when
After graduation you face a choice. One option is to work for a highly regarded consulting firm and earn a starting salary (benefits included) of $55,000. The other option is to use $12,000 you have in savings to start your own consulting firm. Based..
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