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assume that the combined consumer goods + capital goods values for points a, b, and c are $20 billion, $40 billion, and $38 billion respectively. If the economy moves from point a to point b over a 14-year period, what must have been its annual rate of economic growth?
If, instead, the economy was at point c at the end of the 14-year period, by what percentage did it fall short of its production capacity?
Consider the following situations. Evaluate how they would affect the level of productivity of labour.
Assume that x1 and x2 can take any value (0,1,2,3,4,5). The payoff to student i is 10 - xi if she gets an A and 8 - xi if she gets a B, i = 1, 2. Derive the strategies that survive the iterative deletion of strictly dominated strategies.
A software firm earned ten million this year. Suppose the growth rate of the software firm and the interest rate are both constant and the software company will be business for years to come.
Big interest rates are commonly expected to strengthen a nation's currency because they can encourage foreign investment in securities in that nation,
Draw an aggregate demand(AD)-aggregate supply (AS) complete framework that shows where the US economy in a full employment equilibrium& then where it is now.
Determine the expended change to gross product and the price level likely to be in the short run explain how can this be illustrated by an aggregate demand and supply model?
Explain why does competition among traders affect how much of the gains to trade are given to the countries involved in the trade.
A mathematically fair bet is one in which amount won will on average equal the amount bet,for example, when a gambler bets say, $100 for a 10% chance to win $1000
Provide an economic profile of the Airline industry. Include an industry profile, Industry size data and current developments and trends within the industry.
After her final exam this semester, Sylvia must drive from her school in Philadelphia to her home in upstate New York-What are Sylvia's expected .ne, expected wealth, and expected utility if she travels through PA?
Illustrate what is your prediction about the economic health of each economy over the next few years.
Industries used to make capacity, production, inventory and staffing decisions based on long-range forecasts.
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