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Suppose that U.S. consumption spending is ?$12.1 trillion, gross private domestic investment is ?$2.3 ?trillion, government spending is ?$4.6 trillion, and net exports are negative $-$0.4 trillion. If interest income is ?$1.1 trillion, depreciation is ?$0.6 trillion, wages are ?$11.9 ?trillion, and rental income is ?$0.9 ?trillion, what is the net? investment?
Find the equilibrium price (P), quality (Q), and revenue in a market characterized by the following equations:
Given the importance of the M-Pesa to the rising economic growth of the Kenyan economy, what should Safaricom do about the Kenyan government’s announcement of a new 10% tax on financial transactions? For this question assume that transactions are bet..
Consider the taco stands on State Street. Suppose that the taco market on State Street is a perfect competitive market, where all taco stands are exactly the same (i.e. producing the exact same tacos and having the exact same cost features). The mark..
Suppose the production function for T-shirts can be represented as q = L^0.25 K^0.75. When K = 1 and q = 2, what is the slope of the isoquant? If there is insufficient information to answer the question, describe what information is additionally need..
Suppose that Mexican investors decide to pour money (invest) into the US fracking industry. Assume that the US and Mexico have floating currency regimes. Graph the US and HOME starting with BOP=0 at e1. Next, explain and show on the graph the changes..
Consider a duopoly game in which two firms simultaneously and independently select prices. Assume that prices cannot be negative. Let p1 denote the price set by firm 1 and p2 let the price set by firm 2. Unlike Bertrand competition (see Chapter 10), ..
The advantage of penetration testing is that this methodology permits a team to submit the new system to an environment that allows for refinement rather than simply reacting to problem areas during the post-deployment phase. Please respond to all..
Consider the following facts. After the age of 25, persons with college degrees earn more than persons with no education beyond their high school degrees, ceteris paribus. Moreover, persons with high school degrees earn the same as persons who have h..
Assume a perfectly competitive firm's short-run cost is TC = 120 + 160Q + 3Q2. If the market price is $196, what should it do. Elucidate your answer, if continue then explain how much is to produce; state profit level in each decision it makes.
Describes three approaches to staffing policy: ethnocentric, polycentric, and geocentric. When is each approach appropriate?
What are the prospects of NAFTA becoming a customs union? Identify the policy changes that would be necessary and the likely political and economic obstacles to those changes taking place. What would be the major benefits and the major costs to deepe..
Why is the continuing income inequality in the US a problem for the economy? Does it matter that so many people own such a low percentage of total wealth in this country?
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