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In 2013, the furniture store PB produced 13 mahogany desks. One of them is sold to Jeanine for $3,349, later that same year Jeanine sold the desk to Pamela for $1,919. The remaining desks were not sold to anyone that year and stay in PB's inventory at a value of $2,070 for each desk. How much was added to GDP from the previously mentioned transactions?
Calculate how large A would have to be so that in the new LRCE, the number of firms is twice what it was in the initial equilibrium.
Comparative advantage - How companies and countries are becoming specialised in certain industries to compete and expand their businesses. Compare Australia with any other country.
Assuming the same risk structure and term to the maturity of the investments, if the yield on a Treasury Inflation Protected Security (TIPS) is 0.28 percent, and the yield on a regular Treasury Bond is 2.73 percent, then: Write down and explain parts..
Equilibrium GDP is $5000 while full employment is $6000. What kind of gap is this? What would the Keynesians say the government should do? The correct economic policy would cause Aggregate (Demand or Supply) to (rise or fall)?
q1. dynamic rather than static demand and supply conditions are typically observed in markets of real world. hence
Cousin Edgar is always thinking of the next business idea. This time, he plans to invest in buying two gas stations. He reckons American consumers have come to accept the high gasoline prices, and estimates world prices for gasoline to increase even ..
Good-faith bargaining generally refers to the duty of the parties to meet and negotiate at reasonable times with willingness to reach agreement on matters within the scope of representation; however, neither party is required to make a concession or ..
Describe the industry and explain the general pattern of change of the particular market model.
Suppose that you have just purchased the security, and suddenly the market interest rate falls to 5%. What is the security worth?
Are cyclical fluctuations necessary for economic growth?
A comparison of two computer manufacturers found that by implementing improvements in its supply chain, one company was able to reduce its average supply of key components to only 3-6 days’ supply of inventory, as compared with their competitor, whic..
An entrepreneur seeks $4 million from a venture capitalist. They agree that the entrepreneur’s venture is currently worth $12 million and that, when the company goes public in an IPO three years hence, it will have an expected market capitalization o..
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