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Consider an economy described by the following equations: y= C+I+G Y=5,000 G=1,000 T=1,000 G=250 +.75(Y-T) I=1,000-50r a. In this economy, compute private saving, public saving, and national saving. b. Find the equilibrium interest rate c. Now suppose that G rises to 1,250. Compute private saving, public saving, and national saving. d. Find the new equilibrium interest rate.
Describe how each of these activities affects government, households, and businesses. Describe the flow of resources from one entity to another for each activity.
A newspaper article once reported that U.S. economy was experiencing a low rate of inflation. Why does inflation affect increase in Social Security and or profits.
Why would you sell these items through retail stores, or would you try direct marketing.
Statistical Methods in Business & Economics – Final Exam BUS405 (2009A), best estimate of the correlation coefficient
Compute the output and price of wood working if it is produced under competitive condition without regulation. Determine the socially efficient price and output of woodworking.
Draw the Edge worth Box diagram for this economy also Explicate whether the initial allocation of cheese also bread is Pareto efficient.
Illustrate wwhat is the effect on the market for one hour of babysitting services in Middling today.
The manager of a large automobile dealership who wants to learn more about the effectiveness of various discounts offered to customers over the past 14 months
Describe the coefficient of determination. Suppose if you were given that the independent variable was 5, what would the predicted value be.
Illustrate what might you call an outward shift of a nation's production possibilities frontier.
Compare the competitive price charged and quantity produced under perfect competition and monopoly. Other than identifying the presence of only one producer under monopoly, why do we tend to see this differential.
The U.S. Surgeon General issues a report stating that tomatoes prevent colds. What is the effect on the market for tomatoes? b. A new type of robot is invented that will pick peaches. What is the effect on the market for peaches?
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