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In the economy of Ukzten in 2010, GDP was $9,000, consumption was $5,000, investment was $3,000, government spending was $1,500, and exports were $200. What were Ukzten's imports?
The purposes of assessing the consequences of these provisions for strategic decision making.
Because it acts like a price, U.S. export demand is inversely related to the U.S. real exchange rate. U.S. import demand is inversely related to the real exchange rate of foreign trading partners, which would just be the inverse of the U. S. real exc..
A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer’s demand for the product is Qd = 90 - 0.5P, and the marginal cost of production is $110. Determine the optimal number of units to put in ..
What are some examples of the financial crisis in Greece and the potential market problems because China's economy is fuelled by construction of cities that remain un occupied. We need to discern the financial condition of the world and look at dolla..
Suppose you are the owner-operator of a gas station in a small town. Over the past 20 years, you and your rival have successfully kept prices at a very high level. You recently learned that your rival is retiring and closing his station in two weeks...
Harvey quit his job at State University where he earned $45,000 a year. He figures his entrepreneurial talent or foregone entrepreneurial income to be $5,000 a year. In the first year, the firm sold 11,000 units of software at $75 for each unit. Of t..
If the demand for housing falls, reducing planned investment by $75 billion, what is the effect on national income and output (GDP) (the consumption function is c = 50 + 0.7 (yd)) Wouldn't this answer just be GDP will be reduced by 75 billion? I am n..
How does the oil prices also get affected by oil price futures, which are traded on the commodities exchange?
There are enormous amount of studies on the long term effects of unemployment on the economy? What are the consequences of long term unemployment?
Which of the following is a TRUE statement about monopoly and perfect competition? Compared to perfectly competitive firms, the demand curve for a monopolist will be.
If there is a decrease in demand for a product in a purely competitive industry, it results in an industry contraction that will end when the product price is:
Is an increase in the marginal income tax rate reflected by a shift in the after-tax supply of labor or a movement along the supply curve when the pretax wage rate is on the vertical axis? Explain your answer
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