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A New Yorker travels to New Jersey to buy a $100 telephone answering machine. The New Jersey company that sells the machine then deposits the $100 check in its account at a New York bank. How would these transactions show up in the balance of payments accounts of New York and New Jersey? What if the New Yorker pays cash for the machine?
Solve for an expression for the change in equilibrium GDP for anincrease in government expenditures equal to ΔG when taxes are held constant. An algebraic version of the simple model of the economy is: C = c0 + c1 Yd
Because people dislike commuting to work, homes closer to employment centers tend to be more expensive. The price of a home in a given employment center is $60 per day. The daily rental price for housing drops by $2.50 per mile for each mile farth..
Suppose that a perfectly competitive consant cost industry if initially in short and long-run equilibrium. In general, what will be the effect of an increase of $10 per uni in varialbe coss on he short-run equilibrium price, the short-run industry..
A radiology firm charges $2,000 per exam. An insurer's allowed fee is 80 percent of charges. Its beneficiaries pay 25 percent of the allowed fee. If the radiology firm raised its charge to $3,000.How much would the insurer pay
A firm is currently considering plant expansion. There is some question as to what minimum attractive rate of return to use in the economic analysis of the proposed expansion. Banks are currently lending money at 11.5%.
a. Find the profit maximizing price and quantity. b. Assume that ATC = $35 at the profit maximizing quantity. Calculate the monopolist's total profit. A monopolist's Demand, MR and MC curves ar
How do you interpret the effect of immigrant status on wages when the model is Log wages regressed on immigrant dummy, and an immigrant dummy interaction
junstin.Ting Corporation wants to establish a scholarship in the company's name at a university. The firm wants the scholarship to provide a quarterly award of $4500. The university's scholarship foundation will invest the endowment in a fund that..
On the basis of the information regarding the risk involved in the two projects, you come up with the following probability distributions for the projects:
In doing so, what would be the primary obstacle to overcome in implementing such a policy?
"Members of CORE said there are about 110,000 people waiting for an organ donation, but only about 25,000 transplants each year" (OVMC). Whether you agree with the concept or not, research the topic of organ donation, challenge the myths behind th..
If the growth rate of money is 10 percent per year, annual inflation is 7 percent, and the growth rate of velocity is 1 percent per year, what is the growth rate of real output?
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