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1. How can the high unemployment hurt the growth of the GDP
2. Is the U.S. economy primarily driven by consumers or businesses? Why?
3. Let's look at the "crowding out effect". Please explain and define the crowding out effect,
A decrease in the government's budget deficit ______ the real interest rate and ______the equilibrium quantity of national saving.
You begin putting $500 a month into a savings account that pays 3% compounded monthly. A) How long until you have enough for a down payment? B) What is the present value of your account?
Does player 1 have a dominant policy also if so Illustrate what is it or does player 2 have a dominant policy also if so Illustrate what is it.
If we can get foreigners to give us real goods and services and talk them in to taking pieces of paper in return why should we want anything different?" Do you agree or disagree with this statement?
should the fed be independent?1. nbspthe federal reserve system has a large measure of political independence. the
q1. pick a society and time in history you would consider that the vast majority were doing very well economically.
Mary is in equilibrium. The MUa =6, MUb =12, Pa=2, what is the price of b? Zach is in equilibrium. The MUa=2, MUb=8, what is the price of a in terms of the price of b? What is the utility maximizing or optimization condition?
Ann Page Corporation has fixed expenses of $30,000 per year. Variable expenses per unit are $17. Sales price per unit is $30.
Past history says that tomorrow's demand for lettuce averages 250 boxes with a standard deviation of 34 boxes. Explain how many boxes of lettuce should the supermarket purchase tomorrow.
Suppose savers either buy bonds or make deposits in savings accounts at banks. Initially, the interest income earned on bonds or deposits is taxed at a rate of 20%. Now suppose there is a decrease in the tax rate on interest income, from 20% to 15%.
Elucidate how much income did this represent for each of the 300 million U.S. citizens. Illustrate what was the largest GDP decline in a postwar U.S. recession.
Nadine Chelesvig has patented her invention. She is offering a potential manufacturer two contracts for the exclusive right to manufacture and market her product. Plan A calls for an immediate single lump sum payment to her of $210,000. Plan B calls ..
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