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Suppose that the economy price level is 100, the quantity demanded of Real GDP in short-run is $4,000 billion and quantity supplied is $4,000 billion. find the output gap in percentage points?
a price- setting firm wilpen company produces nearly 80 of all tennis balls purchased in united states. wilpen
Suppose you decided to open a copy store. You rent store (signing a one year lease),and you take out a loan at the local bank and use the money to purchase 10 copiers. Six month later a large chain opens a copy store two blocks away from yours
Explain how do real GDP and the cost level change if the forecast of inflation turns out to be incorrect.
A price-taking firm’s short-run supply curve is. For a firm facing a downward-sloping demand curve, marginal revenue will be less than price. In making output decisions, a firm should produce the output level for which marginal revenue equals margina..
Currently a heating unit for a small building is very old and inefficient. The owner is contemplating on replacing it with a variable air volume system that costs $100,000 and will save 450,000 kWh each year. Base your decision on the (a) present wor..
Discussion and understanding of the various types of the Market-wide (systematic) influences affecting the firm, its shares and their performance (e.g., the economy, government policies, the competitive market for the industry)
Assume that a radiology group practice has sthe following cost structure. What is the groups underlying cost structure?
Land and nonrenewable resources are always going to be topics with many contradictory viewpoints. How to use these fixed resources and when to use them are controversial issues that will create a hot debate for some time to come. What economic factor..
The higher a country's tax rates, the more likely that country will be:
If Jones sells the equipment today for $180,000 and its tax rate is 35%, what is the after-tax cash flow from selling it.
The Consumer Expenditure Study surveys people about their finances and spending. What is your occupation? What is the amount of your student loan, if any? How would you rate your credit using these categories: excellent, good, fair, poor?
SaveUmoney Tax Services (STS) is a small operation that offers tax services to individuals and small businesses. A local marketing consultant has estimated the weekly demand for STS's services as follows: Q = 1200 - 6 P + 25 A where: Q = the number o..
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