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When the news of Wednesday's numbers on GDP was made public, stocks and bonds immediately rose and the U.S. dollar strengthened. Then, when analysis of the numbers came in, the markets went into reverse. The reason was that the greater part of 16 the improvement in the quarter - $33.7 billion out of a total GDP advance of $39.2 billion - came from additions to business inventories."
Markets went into reverse upon learning about the additions to inventories because it suggested that
a) output had risen, raising inflation fears
b) output had fallen, raising unemployment fears
c) aggregate demand had risen, raising inflation fears
d) aggregate demand had fallen, raising unemployment fears
Assume that a chair manufacturer is producing in the short run (with its existing plant and equipment). The manufacturer has observed following levels of production corresponding to different numbers of workers:
Could you calulate the total, average variable, and average cost, when a company marginal cost of production is $5.00 per unit.
b)calculate the amount of additional reserve this bank would like to loan out to customers c)if this bank loans out the reserves you calculated in part ( b above, how much will the money supply change as a result)
Lars consumes only potatoes and herring. When the price of potatoes was 9 crowns per sack and the price of herring was 5 crowns per crock, he spent his entire income to buy 5 sacks of potatoes and 10 crocks of herring per month.
Why is degree of world income inequality measured at purchasing power parities lower than that measured at exchange rates? What are the main trends in global poverty, and how do these trends differ from region to region?
Illustrate what is the efficiency factor. Elucidate these factors in terms of the production possibilities curve.
Consider the market for economictextbooks. Explain whether the following events would causean increase or a decrease in the supply or an increase or adecrease in the quantity supplied. The market price of paper increases.
List and describe two positive externalities and two negative externalities the copy Center is associated with in society. Select a business in your community with which you are familiar and describe the positive or negative externalities the ..
"If it were not for the law of diminishing returns, a firm's average cost and average variable cost would not increase in the short run." Do you agree? Explain.
What do you call it when the quantity demanded of a good falls when the price of a good rises, other things are equal?
What is the expected value of the lottery? What is the variance of the outcomes?
In your answer compare and contrast the relevance of techniques and practices utilized in Multics to those which are currently employed today in both a networked and a standalone computer environment.
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