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Suppose in a certain year, a country has GDP = 2000, consumption C = 1200, the domestic investment I = 400, private savings S = 200, government expenditure G = 350, exports of goods and services X = 200, net primary income (investment income received from a foreign country, as well as compensation) is zero, and net unilateral transfer received is 100.
What is the trade-to-GDP ratio?
What is the level of government tax?
Using the market for loanable fund diagram, show graphically and explain how the interest rate and investment are affected in each of the following cases.
What is the probability that a respondent chosen at random is a female and has noticed the advertisement on TV?
Draw an appropriate diagram for Christie's original Health & Fitness magazine market.
All firms in a Cournot monopolistically competitive industry have the same cost function C(q) = 25 + 40q. Market demand is Q(p) = 140 − p. Calculate the equilibrium price, firm output, total output, and number of firms in the industry.
These funds increased by 20% over the next year. The investor then closed his account. What is the investor's two year holding period return?
Define three types of elasticity of demand. Indicate how you would use information from recent research paid by your company that the own price elasticity of your product is -1.2 and not -0.8 as previously thought
Mcdonalds spends millions of dollars each year on legal protection of it's brand name, thereby preventing any unathorzed use of it. Explain what information this conveys to you as a customer about the quality of Mcdonalds products
The data in the table above give two points on the demand curve for pizza. Using the midpoint method when the price of a pizza falls from $10 to $9, what is the price elasticity of demand?
A company is trying to predict the long-run market share of a new men's deodorant. Based on initial marketing studies, they believe that 35% of new purchasers in the market will ultimately try this brand. Calculate the long-run market share that the ..
a. You need to decide whether to buy a used or a new car. b. You are thinking about opening a computer-services business in your basement.
How might globalization and advances in information technology affect the trade- offs between technical and agency efficiency?
The Multi-national corporations from the U.S. and other industrialized countries exploit the workers from developing countries.
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