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Suppose that disposable income, consumption, and saving in some country are $200 billion, $150 billion, and $50 billion, respectively. Next, assume that disposable income increases by $20 billion, consumption rises by $18 billion and saving goes up by $2 billion.
1. What is the economy's MPC?
2. What is its MPS?
3. What was the APC before and after the increase in disposable income?
Suppose the firm's production function is X=10K.2L.6 The price for the factors of production are Pk=10 and PL =20
1. suppose that a nations production possibilities are as follows possibilitiesfood millions of tons per yeartractors
Suppose that, on the basis of a nation’s production possibilities curve, an economy must sacrifice 10,000 pizzas domestically to get the 1 additional industrial robot it desires but that it can get the robot from another country in exchange for 9000 ..
What are the consequences of the vastly increased foreign holdings of US debt? What are the consequences if the debt is paid off?
the u.s. trade deficit is currently running over 50 billion per month. explain why this is bad for the country in the
The daily demand for pizzas is Qd = 750 − 25P , where P is the price of a pizza. The daily costs for a pizza company include $50 in fixed costs, and variable costs equal to V C(Q) = Q2/2, where Q is the number of pizzas produced in a day.
The nearest rival movie theater, the Cedar Bluff Twin, is 35 miles away in Pocatello. Thus QuadPlex Cinema possesses a degree of market power. Despite having market power, QuadPlex Cinema is currently suffering losses.
Using the IS-LM-PC model for a closed economy, discuss the effects of an increase in taxes diagrams put in place to reduce the government deficit
It is often argued that this policy increases the technological capability of American producers relative to that of foreign firms. Is this argument consistent with your classification of basic research in part (a)?
NZDB520 The Economic Environment Assignment - Ara Institute of Canterbury, New Zealand. Identify ways to manage business expenses
Economics : Unemployment Labour Markets and Externalities. You are an Economist and have been asked by the Gold Coast Council of Queensland to provide advice on the policy options to deal with the increasing use of jet skis on the Broadwater
Assume both the 1-year and 11-year spot rates unexpectedly shift downward by 2 percent. Illustrate what is the price of a forward contract otherwise identical to yours.
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