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The government of a country decides to double its current level of spending, causing real GDP to increase from $20,000 to $120,000. What is the percent change in real GDP?
What is the user cost of capital? Suppose the central bank tightens monetary policy, raising the real interest rate from 2 percent to 4 percent.
In an economy, 20 million people are full-time workers, 5 million are part-time workers, 2 million are unemployed, and 6 million are not in the labor force. Assume that all people in this economy are 16 years or older. What is the employment-to-po..
The government can increase GDP in the short run by running a budget deficit. What are some long-term effects of deficit spending?
according to milton friedman business has only one social responsibility - to make profits as long as it stays within
the world cup and its economic effect. this essay will talk about the 2014 world cup and about the advantages and
For the Japanese female face, y¯ = 10.2% and s = 31.3%. The researchers used this sample information to test the null hypothesis of a mean level of feminization equal to 0%. Verify that the test statistic is equal to 2.3.
Insurance companies often have both a fixed premium regardless of health care expenditures and a variable co-pay that the consumer must pay for every
Use PWs to calculate the benefit/cost ratio at i = 5% for a highway project. The first cost is $150K, and O&M costs are $5K per year.
An article in the Economist states that the value of potential GDP "is almost impossible to pin down in real time since the economy's equilibrium long-run stock of capital and labour are so difficult to estimate with precision. . . ." What does th..
Identify and list their compliance obligations and the relevant agencies they must report compliance issues to, as well as any annual milestones to which they must adhere.
Consider an auction with 1,000 risk-neutral bidders. It is know that these bidders have affiliated values. Based on this information we know the expected revenues for the different auction types will be
Your college plans to increase total enrollment next year by 5,000 students. The additional students will have the following demand schedule: [Refer the attachment, table2] Now add the old demand schedule and the demand schedule for the new students ..
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