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In the economy of UNAM in 1968 exports were $45, GDP was $570, Government Spending was $85, Investment was $29 and Imports were $2. What was UNAM's consumption in 1968?
q.1. as per concepts of production function indicate whether each of the following statements is true or false.
Illustrate the significance of resource pricing explain rule or criteria of employing for resources under pure and perfect competition.
q1. elucidate average costs are minimized when marginal costs are at their lowest point.q2. the provide side economics
Gomez runs a small pottery firm. He hires one helper at $18,000 per year, pays annual rent of $8,000 for his shop, and spends $24,000 per year on materials. He has $40,000 of his own funds invested in equipment (pottery wheels, kilns, and so forth) t..
Write down the profit maximization problem for the rm.
Explicates how the factors determining resource demand differ from those determining product demands.
Given the formal structure of the Solow model, the numbers in the first column should in principle be per-worker GDP numbers. However, for purposes of the problem.
Assume the value of equilibrium real GDP is $800 billion dollars. Assume the government increased spending by $20 billion dollars to increase real GDP.
A concerned Congress votes to impose a price floor $2 above the equilibrium price. Illustrate what is the new market price.
Using marketplace equilibrium why do baseball players also CEOs make more money than your lowly Economics instructor.
What price and quantity will result once the copyright expires and competition emerges in this market. Elucidate your answer.
What steps can Congress and state legislatures take to alleviate a serious national shortage of skilled providers. Research suggests medical errors have been linked to inadequate staffing.
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