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The following national income is in billions of dollars:
consumption of fixed capital $25
gov purchases 315
us imports 260
personal taxes 45
transfer payments 247
us exports 249
personal consumption expenditures 475
net foreign factor income 5
gross private domestic investment 300
taxes on production and import 245
undistributed corp profits 60
social security contributions 240
corporate income taxes 65
statistical discrepancy 40
Net domestic product equal?
Of the following, three mean the same thing and one means something different. Which option does not mean the same thing as the other three in the context of the basic market model we reviewed in class (and that you learned about in principles of mic..
In less developed countries, what does the brain drain refer to?
Draw an arbitrary budget constraint for a person, assuming that he or she receives no government subsidies. Then draw in the budget constraint that arises from the above housing subsidy proposal.
You will need to determine how you will measure strict gun control laws for the states and to define what types of crimes will make up the crime rate.
How would you expect the following to affect the economy wide demand for money? The demand for money represents the desire of households and businesses to hold assets in a form that can be easily exchanged for goods and services.
compute the average cost function for skateboards. what shape does the graph of this function have. What is the average at this level of output.
Due to a technical breakthrough, the fixed costs for a firm drop by 25%. Prior to this breakthrough, fixed costs were $100,000 and unit contribution margin was and remains at $5.00. The new amount of break-even units will be?
Which of the following are examples of economic indicators? check all that apply. Which of the following statements regarding procyclical, countercyclical and leading economic indicators is corrects? check all that apply
Your pharmacy provides services to Medicare and PPO patients. You estimate a price elasticity of demand of -2.2 for Medicare patients and -5.3 for PPO patients. Your marginal and average cost for dispensing a prescription is $2. What is the profit-ma..
An analysis of the stock market produces the following information about the returns of two stocks.
q1. mckee corporation has annual fixed costs of 12m. its variable cost ration is .60.a. determine the companys break
Which nation should specialize in which product. Explain how trading possibilities lines for each nation if actual terms of trade are 1 plum for 2 apples.
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