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An increase in productivity increases aggregate supply which causes real GDP to increase from $7,500 to $8,000. What is the percent change in real GDP? Round your answer to the nearest tenth.
The federal government enacts new tariffs and quotas on all imports
Two similar farms could have the same return to management but different net farm income due to:
If a taxi company adds a tenth cab, the company's total daily cost will increase to $4,800 and its total revenue will increase by $100 per day. Should the company add the tenth cab?
the oil price schok of 1980 sent gasoline prices sharply higher. Coal prices moved in sympathy with oil prices, with the result, that coal companiesearned pure economic profits. Since coal is homogenous good and the market is competitive , what ha..
What is the "reserve ratio?" What changes do you observe during expansionary and contractionary monetary policies? The response must be typed.
Tasty manufacturer is planning to build a new office building production facility. The facility can be built in at reduced capacity now for $40 million and can be expanded 15 years later for an additional $35 million. An alternative is to construct t..
Kinkaid Company, a corporation organized under the laws of State M, after receiving approval by the shareholders, sold the entire assets of the company.
What is meant by rationality Consider the three "systematic mistakes" discussed in your text. What are the costs of making those "systematic mistakes" Is it possible to act "irrationally," or is rationality defined by the individual's approach to ..
Are communities of practice formed to achieve social learning? Give some examples in organisations where this occurs. Which perspective could be used to describe our understanding of how communities of practice are formed in organisations?
Compare and contrast between make-to-stock and make-to-order systems. In your comparison, why does each system require different types of contracts?
What are some of the ethical questions or concerns that come to mind when talking about data analytics? What is the main argument for / against in the article?
Why do economists include only final goods and services in measuring GDP for a particular year? Why don't they include the value of the stocks and bonds bought and sold?
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