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An Asset for transportation purchased and placed in service by a petroleum production company. Its cost basis is $75,000, and it has an estimate MV of $15,000 at the end of an estimated useful life of 15 years. Compute the depreciation amount in the third year and the BV at the end of the fifth year of life by each of these methods:
(a) The SL method.
(b) The 200% DB method with switchover to SL
(c) The GDS method
(d) The ADS method
Suppose that re are 10 million workers in Canada and that each of these workers can produce either 2 cars or 30 bushels of wheat in a year. What is opportunity cost of producing a car in Canada.
Compute the equilibrium level of income for the open economy aggregate expenditure model.
In which of the subsequent ways does government involve the consumption component of planned cumulative expenditures.
In today's environment, what specific imports affect the Mass Economy? Give several examples and explain why and the 20th Century, the beginnings of the use of electricity changed everything? How did it impact the Massachusetts Economy?
The U.S. Surgeon General issues a report stating that tomatoes prevent colds. What is the effect on the market for tomatoes? b. A new type of robot is invented that will pick peaches. What is the effect on the market for peaches?
Compute the amount of the natural employment deficit in terms of both billions of dollars and as a percent of natural real GDP.
Discuss economic forces (supply factors, demand factors, government policy) that affect the health care market.
Assuming that factor markets are otherwise free and competitive, explain why the higher real wage would fail to increase the share of labor income in national income.
Which of these two strategies do you think would have the greatest impact on sales volume. Explain
Describe the Harrod-Domar growth model, and explain precisely how the model illustrates dynamic instability. Why is it often called the “knife’s edge model”?
What is the social optimum quantity and price. Calculate the total surplus in the market equilibrium, at the social optimum and with the tax.
Compute Ikonomia's gross national expenditure (GNE), gross national income (GNI) and gross national disposable income (GNDI).
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