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If real GDP was $13.1 trillion in 2013 and $13.3 in 2014, what is the growth rate? (b) How many years would it take for GDP (gross domestic product) to double (using your answer from part a)
Consider the question of whether the United States should adopt a gold standard, remain in the current float-based system, or use some other system. Consider the impossible trinity mentioned above and carefully define all terms and concepts t..
Why can the distinction between fixed costs and variable costs be made in the short run? Classify the following as fixed or variable costs: advertising expenditures, fuel,
What are the advantages and disadvantages of the globalization and standardization of culture? Provide at least one specific example of the advantage and at least one specific example of the disadvantage of the globalization of culture.
This is where in your paper where you discuss the demographic changes that are going in the United States society. How might this impact your brand?
Use the expenditure approach to comput GDP. Use the income approach to calculate GDP.
Describe the family's fertility choices for different values of q, by first writing down a model that captures this story, and then examining the results for different values of q. Calculate the expected number of surviving children for this family..
Suppose you borrow $100 of principal that must be repaid at the end of two years, along with interest of 5 percent a year. If the annual in flation rate turns out to be 10 percent, (a) What is the real rate of interest on the loan?
Assume that the economy is currently in a recession. If policy makers take no action, how will economy evolve over time? Describe in words and using an aggregate demand diagram.
Briefly discuss the advantages and disadvantages of foreign exchange rate targeting and also describe advantages and disadvantages for each tool the Fed can use to manipulate the federal funds rate.
Given the choices of world real interest rate in the above graph, the world real interest rate that most likely occurs when this country runs a trade surplus
Which country is likely to receive the most benefit from this increase in investment. Explain your answer.
Charles pays $120,000 for a single-life annuity that pays him $11,000 a year for life.Treasury Department tables estimate his remaining life to be 15 years.
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