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Explain why factors that are not part of the calculation of the Gross Domestic Product (GDP) can be important exclusions that have important meaning for understanding domestic macro-economics.
It consumes two counting numbers: one that represents the speed of a car and the other one the speed limit of the road. The result is one of these strings: (1)"fine"for a car that goes below the speed limit; (2)"danger"for a car that is going at m..
Analyze how the law of demand applies to a recent purchase that you made. Describe how the product has changed in price and explain whether the price change is due to supply or demand. Did the change in price affect your decision to purchase the item..
If the marginal cost of producing each unit of the product is $10,000, calculate the price of the product, the quantity produced, and the firm's revenues, costs, and profits.
Suppose that the labor market is segmented into two industries: SlowGo and HiTek. Initially, both markets are in equilibrium and the same real wage clears in both markets. Managers learn the GWMacro consulting team about efficiency wages.
monetary value of all final goods and services produced within a nation in a particular year.
What are some of the positive externalities of education? Why may higher education offer fewer positive externalities than primary or secondary education?
Why is a depreciation of a country currency not necessarily a bad thing?.
Enrodes is a monopoly provider of residential electricity in a region of northern Michigan. Total demand by its 2 million households is Q4 = 1,000 P and Enrodes can produce electricity at a constant marginal cost of $2 per megawatt hour.
1. What is paid media? 2. What is owned media? 3. What is earned media?
Please detail the possibilities of using fiscal policy to stimulate economic activity in Denmark in a situation of economic stagnation among the most important trading partners.
What do you think are the solutions to the Social Security,Medicare, and entitlements budget shortfalls in the comingdecades? What are the "opportunity costs" of the solutions you recommend?
suppose the following are national accounting data for a given year for malaysia hypothetical
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