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Suppose GDP is $15 trillion, taxes are $3 trillion, private saving is $2 trillion, and public saving is -$0.5 trillion. Assuming this economy is closed, calculate consumption, government purchases, national saving, and investment. Explain your answers.
Seth is a competitive body builder. He says he has ti have his 12 oz package of protein to " feed his muscles" every day. On the basis of this information, what can you conclude about his price elasticity of demand for protein powder?
q. a facility for a production plant can be purchased for 155000 with a down payment of 25000. consider the following
Specify the set of mutually beneficial allocations relative to the initial endowment and illustrate the set.
If expected inflation is constant and the nominal interest rate increases, how does the real interest rate change?
Identify the two events that can cause a shift in the Production Possibilities curve.
As the United States economy moves out of a recession, U.S. financial investors increase their purchases of stocks that are expected to earn a higher rate of return than they are currently earning on their savings account deposits.
q. i choose a sweater at the price of 12 in the past month. describe how each of the 4 factors contributed to the
A local golf course just bought a lawn mowing machine. It comes with 2 yr free maintenance. The manager wants to provide enough money in an 8.00% bank account now (EOY -0) to have a fund out of which he will pay for needed maintenance.
Among his many endorsement contracts professional golfer Tiger Wood endorses Buick automobiles. Buick reportedly recently extended his contract for another 5 years at $40 million. If Buick makes $4,000 profit per car they must expect to sell at least..
The blue line circle symbols is a demand-for-money line and the orange line square symbols is a money supply line.
Antitrust legislation is an attempt by government to make competition
What happens to the demand for Sara's sweatshirts in long run. In long run, what happens to Sara's economic profit.
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