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suppose that in one year household consumption falls by $20 billion(compared to the year before), but business firms continue to produce consumer goods at an unchanged rate. if there is no other change affecting real GDP that year, what will happen to total real GDP? what will happen to each of its components?
Discuss the evolution and responsibilities of the Federal Reserve System. What circumstances promulgated both the development and composition of the system?
What is the firm's cost function when the cost of pollution certificates is included? What is the firm's marginal cost function when the cost of pollution certificates is included? Derive the firm's supply function.
Discuss some obstacles to successful international economic rule coordination in terms of current global economic and political policies and their effect on business conclusion?
If the price changes above occurred for all goods across the economy during the four year period, elucidate how nominal GDP and real GDP would differ.
Central Med Medical Clinic recently bought an Electec model 1555 mobile CT Scanner for $225,000. Typically CMMC depreciates their medical machine over a 3 year life,
on average, does an increase in taxes raise or lower real gdp if taxes as a percent of gdp go up 1 percent, by how much does real gdp change are the decreases in real gdp caused by tax increases temporary ir permanent does the intention of a tax i..
Demonstrate each of the following events by a production possibility frontier graph, and examine what the effects of it were on economic growth;
Illustrate what amount should Kilarny Company pay for this investment if it earns a 6% return. What cash proceeds did Galway Bay receive from issuance of the bonds.
Assume the total demand for fish and the total supply of fish per month in the Kansas City fish market are as follows:
Elucidate the adjustment that will take place in the catfish farming industry in Louisiana that will result from the implementation of the pollution fee. Use diagrams with "U" shaped cost curves.
Illustrtae which single type of product has the greatest impact on your employer
Decrease demand will send the price down again. It is uncertain, therefore, that the tax will really raise the price.
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