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Consider a closed economy in which GDP equals $15 billion, consumption equals $9 billion, government purchases equal $2 billion, and tax revenue equals $1 billion. Use this information to answer the following questions:
a) What is investment equal to in this economy?
b) What is national saving equal to in this economy?
c) What is public saving equal to in this economy?
d) What is private saving equal to in this economy?
e) What are net exports equal to in this economy?
Does this critical path make sense. Do your predecessors make sense. How accurate are your durations? What could be done to improve accuracy of your durations.
Under what conditions are cournot and bertrand equilibria the same? You may assume the market demand is p = a ? bQ. Consider when firms are identical and different. If not, please explain why.
Explain how could those same inventory systems quickly transmit large demand shocks directly to sudden, deep recessions.
If the bond matures in five years and Jerry can buy one now for £3500, elucidate what is his IRR for this investment.
can you suggest better methods of making the adjustments for the stated purpose. llustrate what general guide can you suggest as to elucidate how much price should be increased
Basil Robekins has an idea for a new type of ice cream cone made from candy bars (like Butterfinger, etc.). He thinks his normal customers will buy more often because they can pick and choose from over 31 different candy bars and won't get bored with..
Explain why each of the following statements is True, False, or Uncertain according to economic principles. Use diagrams where appropriate. Unsupported answers will receive no marks. It is the explanation that is important. The Ontario government now..
Compute the marginal and average tax rates for three individuals respectively earning $70,000, $93,500 and $200,000 annually.
q1. what are the advantages and disadvantages of austerity?q2. the government announces that it will privatize the main
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It appears that Very Vegetarian financial statements follow a very strict form. Why must accounting reports be prepared according to specific procedures (GAAP)? Is it permissible for businesses to be allowed some flexibility or creativity in p..
A sample that does not over represent any portion of the population also whose responses can therefore be safely generalized
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