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The Commerce Department revised its estimate of real GDP to $3.877 trillion, up from the earlier estimate of $3.835 trillion. Before adjusting for inflation, GDP was $4.603 trillion, up from $4.523 trillion.
What was the GDP deflator values used for these two calculations? Assume the GDP deflator equals 100 in the base year.
(Note: Please provide all formulas used to support your answer.)
The firm currently uses 50,000 workers to produce 200,000 units of output per day. The daily wage per worker is $80, and the price of the firm's output is $25. The cost of other variable inputs is $400,000 per day
Illustrate what is strategic portfolio management. What is the relationship between strategic portfolio management and project management.
Many argue that breaking up a monopoly is a Pareto-efficient change. This interpretation cannot be so because breaking up a monopoly makes its owners (or shareholders) worse off. Do you agree or disagree.
A small town in rural lowa has one large factory that employs the workers in the town.Major League Baseball is an example of what labor market model?
Among which of the following U.S. policies and institutions may negatively influence U.S. long-run economic growth.
Explain how does it affect consumer surplus, producer surplus, government revenue, and total surplus. Is it a good policy from the standpoint of economic efficiency.
There are pros and cons if policymakers use monetary and fiscal policy to stabilize the economy. Explain the main arguments in favor of economic stabilization. Explain why policy lags could make stabilization policies counterproductive.
Explain, in economic terms, how this arrangement with Delta and United could have caused the value of SkyWest to increase so dramatically even though it limited the amount of profit the company could earn.
Describe the strategies utilized by the critics of the infant formula companies. Elucidate the concerns of the critics of the formula companies.
Explain how does monetary policy work to close an inflationary and recessionary gap using the keynesians model and what is the link.
Assuming which the budget stays the same except for the interest on the debt for 10 yrs which will be accumulated debt
Suppose we are with a real estate agency that has the following houses listed in a specific geographic area. $150,000; $146,000; $152,000; $155,000; $143,000; $157,000; $180,000; $148,000; $154,000; $146,000; $155,000
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