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Suppose that in 2001, real GDP in a hypothetical nation equalled 9,891 billion euros, measured in 2000 euros. In 2002, real GDP was 10,049 billion euros, also measured in 2000 euros. Population in the nation was 285 million in 2001 and 287 million in 2002.
Compute real GDP per person for this nation in 2001, in 2000 euros per person. Round your answer to the nearest euro (for example, if your answer were 1.5 euros you would round to 2 euros, and if your answer were 1.4 euros you would round to 1 euro).
Discuss the influence of taxes on the results of the above analyses. Elucidate how do taxes influence the before-tax cash flow compared to the after-tax cash flow results.
Economists look at the differences between the short run and the long run in macroeconomics. Explain how might knowing this affect you as the manager of a large firm.
Why the government now levies a tax on this good of 200$ per unit. Is this a good policy or why not. Can you propose a better policy
Illustrate would be the effect on D' of decreasing the variable cost per unit by 25% if the fixed costs thereby increased by 10%.
Explain how much will your firm's total revenues (revenue from both products) change if you increase the price of good X by 1 percent.
Elucidate what prices he should charge in two markets. Illustrate quantities be should sell in the two markets.
Illustrate what is her economic profit or economic loss. What happens to demand for labor. What are the new equilibrium wage rate and employment level.
Within which sections of the production function is marginal product increasing. Explicate the link between scarcity, choice and opportunity cost
Compute the industry o/p also marketplace share at the present price of $2,200, assuming the prices are stable also un such as to change.
Assume a central bank does not satisfy the Taylor principle. Use a graph to analyze the impact of a supply shock.
Show the effect of a 50 percent tax on interest income assuming the substitution and income effects cancel each other out. Compute and label all relevant values in your graph.
when markets for goods as well as services gain access to the Internet, more consumers and more businesses participate in the market.
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