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Q. (Expenditure Approach to GDP) Given following annual information about a hypnotically country, answer questions a through d.
Billions of Dollars
Personal consumption expenditures $200
Personal Taxes 50
Exports 30
Depreciation 10
Government Purchases 50
Gross private domestic investment 40
Imports 40
Government transfer payments 20
a. What is value of GDP?
b. What is value of net domestic product?
c. What is value of net investment?
d. What is value of net exports?
Elucidate how it is possible that we have "sustainable development" (as it is defined in text book) in a world in which minerals, oil and or non-renewable resources are being depleted.
Illustrate what is the euro-denominated return on Dutch deposits for this investor. What is the (riskless) euro-denominated return on British deposits for this investor using forward cover.
The licorice industry is competitive. Each firm produes 2 million strings of licorice every year. Total cost of strings have an average.
Trade liberalization leads to a "race to the bottom" in environmental standards. Make the argument and counter-argument, present the following data;
If the rate of money growth and the growth rate of the real GDP were the same in both countries, the explain how would the rate of inflation differ among them.
The trade or business of manufacturing dolls and accessories
Illustrate what is the effect of this policy on the interest rate in the long run.
Clarke's workers are highly skilled artisans with a great deal of job mobility. What impact would the wage increase have upon the firm's employment.
Graph the demand curve for X given the above information. Elucidate how will the demand curve change if M falls to 35,000.
Illustrate what is the change in quantity of money that will eventually result. Assume that the currency drain in 0.15 and the desired reserve ratio is 0.05, and show your calculations
Impacts on currency markets and on economic conditions within the country and globally.
Presently, at a price of $1 each, 100 popsicles are sold per day in the perpetually hot town of Rostin. Consider the elasticity of supply.
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