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Per capita income of Winterfell is $15,000 with a growth rate of 4%. Per capita income of King's Landing is $25,000 with a growth rate of 0%. How long until per capita income is the same in both locations?
Some would argue that the business side drives things. Business drives employment which permits consumers to consume. Would you agree?
a price- setting firm wilpen company produces nearly 80 of all tennis balls purchased in united states. wilpen
How does an increase in the price level affect the real value of money.
If the equation that represents the quantity demanded as a function of price is Qd=20-1.25p and the equation that represents inverse supply is p=1+Qs/5
You are expected to consider the trends in volume/value, types og goods traded.
Which of the following statements is an example from the video of economists disagreeing due to differences in scientific judgment? President Obama chose Bernanke for another term even after he was chosen by Republican President George Bush.
Describe one reason for justifying protectionism. Does that reason make economic sense and Why?
If the price elasticity of soap is 2.5, and if the price goes up from $2.00 to $2.50, what will be the effect on the demand for soap? Hint: Calculate the percentage change in price and then plug into the elasticity formula: E = % change in quantity d..
Impantable cardioverter defibrillators reducing the risk of cardiac arrest and saving lives is an example of a. cost-benefit analysis b. cost-utility analysis c. innovative use of technology d. research and development
In the Solow growth model, suppose that the per-worker production function is given by y=zk^0.3, with s=0.25, d=0.1, and n=0.02. Suppose that in country A, z=1. Calculate per capita income and capital per worker. Suppose that in country B, z=2. Calcu..
onsider a 3*3 matrix in which each entry is either 0; 1 or -1. Add up the sum of the three entries in each row, column and diagonal and form a list of the sums. Give an explicit example of such a matrix and the corresponding list. Choose 16 distinct ..
On her 25th birthday a young female engineer decides to start saving toward building up a retirement fund that pays 6% annual interest, compounded monthly (market interest rate). If she plans to save by making 480 equal quarterly deposits, what shoul..
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