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Assignment:
Read through the shortcomings of GDP identified in your textbook. Next look at this article published by CBS News. Do you agree with the author's assessment that GDP fails to measure well being? Why (or why not)? Are there things that contribute to your well-being and happiness but are excluded from the calculation of GDP? Share an example and describe why it might be excluded from the GDP calculation.
calculate the annual worth years 1 through 7 of merchant truckingcompanys cash flow. use an interest rate of 10
You will do research on some macroeconomic topic. The project will be made using PowerPoint slides. Explain every question elaborately.
If U.S. national saving remained at current levels but investment (or gross investment) went down to, say, roughly 5% of GDP, the trade balance (or current account) deficit would become a surplus. In your opinion, how would such a development affe..
Compare and contrast the use of government spending changes versus tax changes as a means of influencing the course of the economy.
The table below shows the market basket quantities and prices for the base year year 1.Base year 1 Price in price Quantity base year yr 2 Product.
Use the Heckscher-Ohlin factor proportions framework with 2-factors, skilled and unskilled labor, to estimate the following arguments.
List and discuss three economic justifications for government regulation in your local area. Explain what happens if the government does not provide appropriate regulation. Determine the costs on society of government regulation.
A 1996 bill reforming the federal government's anti-poverty programs limited many welfare recipients to only two years of benefits.
such as making charitable contributions or civic expenditures (MU). Can you set up the problem and derive the optimization conditions if the owner-manager wishes to obtain a specific level of utility at the lowest possible cost.
A motor with a 200-horsepower output is needed in the factory for intermittent use. A Graybar motor costs $7000 and has an electrical efficiency of 89%.
Currently, students cannot default on much of their student loan debt. Is this a good thing or a bad thing for them. For the companies
Let's take a closer look at ERP and CRM solutions. How do these type of solutions improve business efficiency and help meet some of the goals and objectives of using e-com to streamline business functions
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