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Real GDP projections from the Congressional Budget Office
Compare and contrast at least two different 18-month forecasts for Gross Domestic Product (United States) and graph them. Include a reconciliation of the differences between the forecasts for GDP and a rationalization for which forecast you believe is most accurate. Defend your opinion.
Explain how did Lucas contribute to the development of the Keynesian economics. What was his concern with economic growth and development.
Differentiate and contrast public goods, private goods, common resources, also natural monopolies with Brazil as well as the United States with bio fuel.
A pure monopolist determines that at the current level of output the marginal cost of production is $2.00, average variable costs are $2.75, and average total costs are $2.95.
From the information in the following table, calculate the income elasticity of demand for this good if income increases from $10,000 to $20,000, and if income increases from $40,000 to $50,000.
Define in general the term "internalize the externality" and explain its application in this case. Discuss a policy other than a tax or subidy that could cause individuals to internalize the externality. Explain briefly.
Is your employee affected by increases in the minimum salary. In what way is your employer affected by minimum wage increases.
Suppose you are running a photo copy center that makes illegal copies of the textbook. An illegal copy of the book sells for $10 and you only have one copy machine.
Illustrate what are the dividend payout ratios for each firm. What are the expected dividend growth rates for each firm.
Compute the cross elasticity of demand among kingston's product and the rival product.
Firms supply. Credit Check, Inc., offers credit checking services to credit card companies and retailers. What is the minimum price necessary for the firm to supply one thousand credit checks?
Suppose the relationships hold true and given performance below, what salary would you estimate for each player in 2006.
Describe the point elasticity of demand with respect to advertisement
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