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Briefly discuss what measuring inequality involves, and provide two examples for doing so.
-measuring income inequality means dividing up the population into various groups and then comparing the groups
how much does the total amount of deposits in the banking system increase? By how much does the money supply increase. In the u.s. today, money includes which of the following items federal reserve bank notes in citibank's cash machines.
What is the -maximing combination of labor and capital the firm should use? What is the resulting level of output? What is the economic profit? Is this the least costly way of of producing the profit-maximizing output?
Which of the following market transactions of final goods and services are excluded from the computation of U.S GDP
Replace the machine with a new one costing $49K. Depreciation would be SL to zero over the 7 years of its life. Operating costs would be reduced by $7Kpa.
The constant rate no before the one child policy; after the introduction population growth drops to the constant rate n1 analyze the effect of this policy.
What is the economic profit/loss associated with this order if you proceed? Should you proceed or back out of this transaction?
Measles has become an epidemic here in Orange County. About 1 in 1000 people will die after contracting the disease. Because this is such a high rate, health officials in Orange County would be well advised to pay for anyone to get a vaccination.
How are the forecasts likely to be inaccurate? What do you think is driving inaccuracy? How might this problem be solved?
Suppose that people expect the Fed to hit its inflation target. A: Calculate the optimal money growth rate needed for the Fed to hit its inflation target in the long run.
Explain why does the profit motive does not automatically avoid air pollution in the production of steel and other products.
Illustrate what is the effective rate of protection for sneakers.
Sally owns a ceiling fan company. Last year, she sold 1300 ceiling fans at $60 each, and each fan costs her $30. Before going into the ceiling fan business, she worked as a fan-dancer at $38,000 a year.
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