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Clearly explain how closely do government expenditures measure opportunity cost for the following:
Time of jurors in a criminal Justice program that requires more trials.
Explain how each of the following actions will affect the level of planned investment spending and unplanned inventory investment. Assume the economy is initially in income–expenditure equilibrium. There is a reduce in the expected growth rate of rea..
Zack quits his job at a consulting firm, which pays $40,000 a year, to enrol in a two-year graduate program. His annual school expenses are $30,000 for tuition, $2,000 for books, and $600 for food. What is his opportunity cost of attending the two-ye..
If crowding out is a significant problem, then when the government borrows to increase its spending the real interest rate will ____________ and the equilibrium quantity of loanable funds will ________________.
Suppose the US dollar depreciates against other currencies. Under the linked exchange rate system, Hong Kong pegs its nominal exchange rate to the US dollar. What would happen to the prices of goods and services (in terms of US dollars)in Hong Kong i..
Consider palletizer at a bottling plant that has a first cost of $141493, has operating and maintenance costs of $17669 per year, and an estimated net salvage value of $48604 at the end of 30 years. Assume an interest rate of 8%. What is the future w..
The Green City Hospital treated 100 patients in May with 20 nursing hour inputs, and it treated 120 patients in June with 22 nursing hour inputs. What is the total product for each month? What is the marginal product?
ABC uses a PW index that is calculated by dividing the PW of benefits by the PW of costs. Determine the PW index at 8%.
Phillip’s Curve: For each of the following draw an AD/AS diagram and a corresponding Phillip’s curve assuming the following: suppliers produce more goods and services when price increases; Again assume actual GDP is at 9,200, in both diagrams show th..
Why would Christians in the West be moved to embark on a dangerous journey to fight in the Holy Land after hearing Pope Urbans speech at Clermont?
During the "Great Recession", employment tanked, with people losing their jobs in record numbers.
Explain the situation of Amazon today through a Macroeconomic and Industry Analysis. Please consider: The National US Output: GDP Unemployment Demand and Disposable Income (Inflation) The performance of the economy is important to Amazon. We analyze ..
If Roten Rooters, Inc., has an equity multiplier of 1.56, total asset turnover of 1.70, and a profit margin of 6.6 percent
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