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Which of the following items would not be included in GDP for the current year?
1. The dollar value of a do-it-yourself repair job in the current year.
2. The dollar value of a lawyer's services rendered in the current year.
3. The production of 50,000 books by McGraw-Hill in one year that were not sold in the current year.
4. The production and purchase of 50 new trucks by UPS in the current year in order to help deliver more parcels to customers.
Suppose you own a franchise of rental car bureaues in Florida. You recently get a report indicating that about 80% of all tourists visit Florida during winter months in any given year,
What would the number of paying patients and federally funded seniors be if the federal funding agency raised its rate to $120 per treatment?
The firm faces a constant marginal revenue curve given by:MR = 200 and how should the firm allocate production?-How much should Factory #1 produce and how much should factory #2 produce?
Discuss one of the conflicts experienced by one of the protagonists in the films viewed. How does the conflict experienced by this character compare to or contrast with similar types of conflict people experience in everyday life.
The national accounts treat all government purchases of goods and services, G, as part of real GDP. But suppose that the public services derived from government purchases are an input to private production, say: Y = F
If 50 applicants are chosen at random, what is the probability that 17 or more of them will meet the GPA threshold? (Note: You’ll want to use your answer from part a. If you’re not sure about this answer (and even if you are), be very clear about yo..
Select one principle and create an additional example that will help students understand that principle better. Based on the five economic principles discussed, give your opinion on the one which is the most important and useful concept in your lif..
The production capacity of the first year will be 4000 units and determine whether the company should upgrade or replace. Use a MARR of 20% per year.
3. A small country can import a good at a world price of 10 per unit. The domestic supply curve of the good is S = 20 + 10P , D = 400 - 5P.
what are the methods that labor unions use to increase the wage rates of their members above the levels of nonunion
Research and evaluate sustainability economic and sustainable agriculture and evaluating a current or proposed government (local, state, national, international) policy and determining whether it is economically sound.
a company had 74 employees whose salaries are summarized in the frequency distribution below. find the standard
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