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In a macroeconomic context, what are implicit liabilities? 1-Payments that the Federal government undertakes only during periods of recession. 2-Money owed to people possessing government issued bonds. 3-Money that the government has promised to pay in the future. 4-The amount of money that firms collectively owe to shareholders.
The Canadian government cuts spending by $1 billion using both words & diagrams, fully explain how this will affect the Canadian economy. a.) If Canada is a closed economy. b.)If the Canada is an open economy.
Management charges higher nightly rates in the winter, when its average occupancy rate is 75 percent, than in summer, when its occupancy rate is 85 percent. Can this policy be consistent with profit maximization? Explain.
suppose there are two diners. What will they order (at a Nash equilibrium)? b)suppose there are four diners. What will they order (at a Nash equilibrium)?
A special-purpose machine is to be depreciated as a linear function of uses (units-of-production method). It costs $35,000 and is expected to produce 150,000 units and then be sold for $5,000. Up to the end of the third year, it had produced 60,000 u..
The December 31, 2013, balance sheet of Schism, Inc., showed long-term debt of $1,425,000, $145,000 in the common stock account and $2,700,000 in the additional paid-in surplus account. The firm’s net capital spending for 2014 was $1,010,000, and the..
To encourage inner-city youths to spend more time playing sports, the government introduces a super income tax of 10% on professional basketball players and plans to use the revenue to improve inner-city sports facilities. In an attempt to raise more..
Suppose that the nominal interest rate on three-month Treasury bills is 8 percent in the U.S. and 6 percent in the U.K., and the rate of inflation is 10 percent in the U.S. and 4 percent in the U.K. a. What is the real interest rate in each nation? b..
A monopolist operates at the minimum point of her ATC curve
Illustrate what Do You Think About The Idea That Technological And Medical Advances Would Bring An End To Hunger, Disease, Drudgery, And Unemployment In The United States
Using present value analysis math, discuss the cost and benefit of paying for 4 years of college. Make any assumptions you want about the market interest rates. Use math and discuss. Is going to college worth it?
Price Elasticity of Demand and Price Elasticity of Supply at the equilibrium point.
How does capital investment affect the marginal physical product of labor? Does more college education have the same kind of effect? Which is a better investment?
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