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Calculate the percentage rates of increase in real GDP, consumption of durables, consumption of nondurables, and consumption of services, and plot these.
a) What do you notice in these plots compared to the information in Figure 3.9 and 3.10.
b)Provide an explanation for your observations in part (a).
This is largely because the Chinese government makes sales in China contingent on a company's willingness to locate production there. The government wants Chinese companies to learn modern management skills from other international companies.
We also observe that the proportion of workers receiving disability benefits is much lower in the US than in the latter two nations. Are these findings consistent with the work-leisure model.
Some economists have suggested that we replace our system of taxpayer-guaranteed federal deposit insurance with a requirement that banks obtain deposit insurance from private insurers. Some economists argue that society would ultimately be better off..
Explain how is it possible which output rises while at the similar time employment is falling.
Supply is the world supply. Elucidate the consumer surplus at the equilibrium price. What is the producer surplus.
ellen and may can produce two goods in a day breakfast bars and frog food pellets. in a single day may can make 10
Compute the compensated demand (at the new prices) for the following utility functions. Assume I = 1, initial prices are px = 1 = py, and price of x rises to p?x = 3 while py is unchanged.
If the government removes a tax on a good, then the price paid by buyers will
Discuss in detail whether health insurance should be provided by employers. (Hint: refer to how employer-provided health insurance may address adverse selection, moral hazard, health care costs, etc.)
Two brokers at Morgan Stanley: Bob and Simon are comparing their performance last year. Bob averaged a 19% rate of return on his portfolio, while Simon averaged a 16% rate of return. The beta for Bob’s portfolio is 1.5 while the beta for Simon’s port..
Compute the equilibrium level of income. Illustrate what is the level of consumption at the equilibrium level of income.
If your business exports its products OR if imports factors of production...whether recent trends in exchange rates are likely to be good or bad for costs and/or revenues.
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