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Annie runs a fitness center. On December 31, 2011, she bought an existing business with exercise equipment and a building worth $600,000. During her first year of operation, business was poor. She sold some of her equipment to a competitor for $200,000.
a. What was Annie's gross investment during 2012?
b. What was Annie's depreciation during 2012?
c. What was Annie's net investment during 2012?
d. What was the value of Annie's capital at the end of 2012?
What is the marginal propensity to consume. What is the slope of the consumption function (you should give a numerical answer, not a formula)?
Explain the difference between property rights and contractual rights. Why do they matter to economic growth?
If the economy in a period of growth and is experiencing unwanted inflation, should the government raise or lower interest rates? Why?
Many would consider the US Postal Service a publically good. Is this assumption valid.
Using the Internet, research wireless LAN applications. Compile a list of at least five applications that you had not imagined before for WLANs, and write a one-paragraph description below each one. The paragraph should mention the challenges that..
Spacely is capable of making its own flanges at a cost of $980 per million. Given these costs, Spacely should stop paying the additional $20 to find and negotiate contracts and just buy the flanges outright for $1,000 per million
Elucidate how the multiplier effect would support Keynes explanation alsp explain how economies can fall into recession or depressions.
To what degree, if any, are consumers responsible for the way workers are treated in manufacturing plants that produce consumer goods? Would you be less willing to buy an iPad if you learned that it was manufactured in a plant in which workers worked..
Brand names can be important to the success of a firm in some industries. Consider industries that demonstrate monopoly, monopolistic competition, oligopoly, and perfect competition. What is the goal of creating a brand name for each of these mark..
Which country has comparative advantage in producing cars? Which country has comparative advantage in producing helicopters - Which country has absolute advantage in producing cars? Which country has absolute advantage in producing helicopters?
In Germany's view, how would the country have been treated differently if the principles they attribute to President Wilson had been applied?
Physical capital, Natural resources, Human Capital and Technical Knowledge, should it be Government policy to subsidize the production or acquisition of all or these?
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