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The answer to economic theory
Given that the economy grows (is allowed to grow) through the banking system and the creation of money through lending, if one market is down (i.e people are spending more on other goods) are we to assume that these other companies that are facing increased demand will borrow enough (to expand) to counter balance the amount the depressed market would have borrowed - to bring in more money into the economy?
Assume an economy's real GDP is $30,000 in year 1 and $31,200 in year 2. Illustrtae what is the growth rate of its real GDP.
Illustrate what percentage of the CEO's total earnings is tied to profits of the firm.
If the Inflation rate were to accelerate the economy would be flourishing as there is a need for more people to do the work.
Assuming a linear demand relationship determine the demand equation for cigarettes. Show all your calculations. Determine the nature of the Return to Scale as exhibited by the above production function.
Describe the productivity change for every category also then determine the improvement for labor-hours, the typical standard for comparison.
You are the manager of Taurus Technologies, and your sole competitor is Spyder Technologies. The two firm's products are viewed as identical by most consumers.
Find out optimal consumption level of video games and burritos that maximizes total utility.
Explain what would happen to the slope or position of the AD curve in the following circumstances.
Elucidate your own words why even long term heavy drinkers might be highly responsive to increases in the price of alcohol.
Use aggregate demand (AD) and aggregate supply (AS) model in which the short run aggregate supply curve slopes upwards to describe the equilibrium level of real GDP and prices if the economy is operating:
Explain the cultural, political, and economic reasons behind these policies also explain the methods governments use to promote and restrict international trade
Assume you executed a 90-day forward contract to exchange 100,000 Swiss francs into US dollars. How many dollars would you get 90 days hence.
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