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1) Assume that Consumption decreases by $25 million, Investment increases by $10 million, Government Purchases increase by $60 million, Exports decrease by $30 million and Imports decrease by $55 million. What is the net change in GDP in $million?
Hint: enter your answer without a $ sign and in terms of the number of millions
Example: if the answer is $45 million, enter 45
2) Assume that Croatia's GDP per capita in 2014 is $20,000 and their GDP per capita is growing at a 5% rate and will CONTINUEarrow-10x10.png to grow at a 5% rate in perpetuity. What will Croatia's GDP per capita be in 2042?
Hint: enter your answer without a comma or $ sign
Example: if the answer is $50,000, enter 50000
The quantity demanded x of a certain brand of DVD player is 3000/week when the unit price p is $485. For each decrease in unit price of $20 below $485, the quantity demanded increases by 250 units. The suppliers will not market any DVD players if the..
Under what circumstance would you be no worse off if the company paid you cash instead of providing a car.
Suppose instead that use of the Sonoma county buy local currency is completely voluntary. Who is the most likely to use this currency.
What is the elasticity of its demand with respect to advertising? Now suppose the theater increases the number of its ads to 250. Should the theater increase its price following this ad campaign? Explain.
Using a wholesale price of $4 per case in each state, calculate the breakeven output quantities for each alternative.
Assume the government implements MC pricing regulation. Illustrate the effects of this approach on the diagram, clearly Demonstrate price charged, quantity produced, profits, deadweight loss.
hat drug is nearly through clinical trials, and is expected to produce an acceptable return on the investments that have been and will still need to be made in it.
If it wants to accomplish this change in the money supply using open-market operations, what should it do.
The fact that a percentage of the interest income paid by one corporation is excluded from taxable income has encouraged firms to use more debt financing relative to equity financing.
What product characteristic refers to the situation where consumers place higher value on a product if other consumers also use it?
For each of the following goods, give your best estimate of its most likely degree of rivalness and (relative) exclusion cost, using the definitions of these variables and the information in the course notes on externalities and public goods. Explain..
Determine which of the two investment projects a manager should choose if the discount rate.
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