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Since inventories are not a large component of GDP, how can they affect GDP so sharply? How will the replenishment cycle affect GDP in the near future?
I know that there is a relationship between consumption expenditures and inventories and that there is an interdependence, but I am not sure how to answer this. It most likely has something to do with the multiplier effect. Can you help me on this?
Graphically illustrate short-run supply. Also include on your graph the long-run aggregate supply curve. At what point must the short-run aggregate supply curve and the long-run aggregate supply curve intersect.
Describe when economists with different political views do cost/benefit comparisons, they often reach different conclusions. If their analysis is based on objective costs and valid techniques, why wouldn't they reach similar conclusions, even if t..
Explain how do high inflation rates affect the exchange rate of a country in the short and the long run.
The financial analysis department at MorTex estimates that the price of a textile machine is $ 600 per day. Can management reduce the cost of assembling 5,400 units per day by purchasing a textile machine and using less labor? Why or why not?
Compute the marginal cost and marginal revenue of each unit of output and enter these figures in the table.
If the US population is growing at .88% per year, while GDP is growing at 2.5% per year, and if these growth rates remain constant for the next five years, what will be the population and GDP levels in five years? Please show your work.
Black Diamond Tennis & Golf Club offers golf and tennis memberships to residents of Black Diamond, Ohio, in which there are 2-types of families:
Required to find out two products or businesses using cocoa in or for Cameroon and justify and report the marketplace
Among which of these methods of encouraging growth would you suggest to a newly industrialized economy.
Elucidate the difference between GDP and GNP. What adjustments needs to be made to GDP to arrive at GNP.
Do the estimated coefficients have the required signs to yield a-shaped AVC curve? Discuss the significance using the p-values.
Illustrate what effort does the principal want to induce when effort is not observable. Illustrate what is the optimal contract for the principal.
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