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a- If exports are greater than imports, would this increase or decrease GDP using the expenditure approach? What does this mean?
b- Explain in words and with a graph what will lead to a decrease in the quantity supplied. Be specific.
Between early 2008 and the beginning of 2009, a gradual stock-market downturn and plummeting home prices generated a substantial reduction in U.S. household wealth that induced most U.S. residents to reduce their planned real spending at any given pr..
Explain how are poor infrastructure, lack of financial institutions and a sound money supply, low saving rate poor capital base.
You shared good information about the definition of the labor force. However, per our discussion question, can you tell me is the student who graduated, but is looking for work a part of the labor force? Can you explain why or why not?
Resource demand curves slope downward because?
Trading partners should specialize production in accordance with comparative advantage, then trade and diversify in consumption because
Which of the following in NOT a source of profit?
Using the power operations on a typical calculator, find the period interest rate to three digits after the decimal point in percentage format that results in the F/P factor being 2.85 after 16 periods.
Economists have argued that rent control is "the best way to destroy a city, other than bombing." Why would economists say this. Illustrate what problems might it face in the future.
Illustrate what is the marginal cost of the 1,000th packet. Is this firm making an economic profit, a normal profit, or an economic loss
Discuss the predominant pricing strategy within the video game industry. Make sure to comment on the degree of market power (i.e., the ability to set price) possessed by firms in the market/industry. Consider the role of pricing practices such as pri..
The main liability on the Federal Reserve's balance sheet is. Third Bank has reserves of $12.3 million and transaction accounts of $115 million. If required reserves are 10 percent of transactions accounts, Third Bank has excess reserves of
Consider we wanted to know how many trips versus dinners out you could purchase. If you were told that X = number of trips and Y = the number of dinners out and you were given the following budget information; What is the meaning of the slope of the..
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