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1. Suppose that the GDP of California increases by 14% each year. How long will it take for the GDP of California to double? Round your answer to one digit after the decimal.
____ Years
2. Suppose that the GDP of Oregon today is exactly twice what it was 37 years ago. What was the average annual growth for Oregon over this time period? Round your answer to one digit after the decimal.
____ % each year
If ___________________ exceeds ___________________, then the economy is in an inflationary gap. Eventually input prices will fall and output will rise in the economy if:
Suppose that the participation variable, voucher, is completely randomized in the sense that it is independent of both observed and unobserved factors that can affect the test score.
Show the short and long run effects of a monetary expansion in this situation in the AD/AS model. You can omit the labor market and production function graphs and you may assume sticky prices for SRAS.
1.nbspnbspnbspnbspnbspnbsp opportunity costs isa.nbspnbspnbspnbspnbspnbsp the money a business loses in a bad
A flat tax plan allows individuals to deduct a standard allowance of $10,000 from their wages. Assume that the flat tax rate is 12%. Calculate the amount of income tax and the average tax rate if you were earning: $30,000 a year $60,000 a year
Suppose that due to a political conflict inside the country, there is a risk the government will default in its debt.
What analysis might a manager do to learn more about a specific company or industry? Please provide at least three examples. What role does trade have pertinent to how an organization plans strategically?
If the above monopolist were to behave like a perfectly competitive firm (operating in the long run), determine its output. Illustrate what is the firm's Total Revenue.
illustrate what is the new equilibrium price and quantity. Compute the equilibrium price and quantity in this market.
What is the confidence interval for the proportion of households represented at a town meeting. Survey of households in a small town showed that in 850 of 1,200 sampled households.
Why is the average viewer of TV news or the average reader of a newspaper interested in the fluctuations in prices in the stock marketplace.
Explain the process of doing a research paper; and how will the research be conducted for a ten page paper on homeland security
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