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The economy is made up of C and I and is currently at full employment. If consumption is $5 trillion while savings is $1 trillion, what is current investment according to the Classical economists? Suppose consumption falls by $500 billion what will happen to savings and investment according to the classical economists?
Distinguish between explicit and implicit costs, giving examples of each. What are the explicit and implicit costs of attending college Why does the economist classify normal profit as a cost Is economic profit a cost of production
Given that an individual has paid the initial minimum charge, do you expect her to consume less than the amount to which the minimum charge entitles her? To answer this question properly, you need to superimpose some indifference curves on the sam..
Economic opportunities arise from nations which develop industries in which they have a comparative advantage.
Illustrate what will happen to the equilibrium level of income if investors become optimistic about the country's future and raise their investment.
For each of the given below statements, state whether the unemployment is structural or cyclical.
Explain: “Unemployment can be caused by a decrease of aggregate demand or a decrease of aggregate supply.” In each case, specify the price-level outcomes.
Discuss how leaders identify and formulate effective change to address stakeholder expectations. Analyze how organizations need to improve with respect to employee and customer responsiveness to meet objectives.
Suppose the academy agrees explain how many athletes are required to eliminate the deficit.
Find a relevant article from newspapers, magazines, etc. that is related to at least one of the Macroeconomic topics we have covered this semester. Summarize the article and comment on how the article is related to what (topics) you have learned in..
If the U.S. economy is operating near full employment and the exhange rate increases(the dollar appreciates),
1. long-run figures for the economy are reported in table 1assume that the countrys production function is a
All Company in the industry have identical cost structures - the industry's total cost has fixed cost of 6000 and constant variable cost of 50.
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