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Which of the following goods and services are included in the U.S. GDP and by how much? If a good or service is not included, explain why.a. Donna spends $100 on house paint.b. On a nice sunny weekend, Donna uses the paint that she purchased to paint her house.c. Bruce hires a painter to paint his house.d. Dell Computers buys parts from a local distributer for $1 million, assembles the parts, and sells the finished computers for $2 million.e. Sarah buys a new Ford Focus. f. Sarah buys a 2005 Dodge truck to drive on weekends.g. Ben buys $20,000 worth of Facebook stocks.h. During a recession, the government raises unemployment benefits by $100 million.i. In response to growing tensions in the Syria and Iraq, the U.S. government increases defense spending by $50 billion.
Using demand and supply analysis, explain the influence of the imposition of a maximum price and a minimum price on a product on price and quantity.
1. for figure demand with zero transactions costs is q1d 50 - p and supply is qs -7 2p.a. verify all of the prices
Explain how a firm's production function is related to its marginal product of labor, how a firm's marginal product of labor is related to the value of its marginal product, and how a firm's value of marginal product is related to its demand for l..
Compute same after the OSHA guidelines have been met. Who pays the economic burden of meeting OSHA guidelines.
As a portfolio manager whose company has investments in a country with a high level of debt what would you do to raise your companies profit or protect their interest if;
Comprise a reconciliation of the differences among the forecasts for GDP and a rationalization for which forecast
Joining marketsplace or developing countries across the world has presented attractive opportunities to global companies and thus, boosted FDI.
Elucidate tools are used to accomplish conscious fiscal policy.
Find the market price and total output level. How does the monopolist allocate its production between plant 1 and plant 2
If domestic price of oranges is $3.00 per pound and the world price is $2.50 per poundf and if the nation allows unrestricted trade, what will be the result to consumer and producer surplus?
Illustrate what is the opportunity cost for Italy if they only produce 1 bushel of grapes? What about 1 computer.
Suppose the Department of Agriculture ordered all farmers to reduce the acreage they plant by 10%. Would you expect a 10% reduction in food production? Why or why not?
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