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A government report traces the economy's stagnation in the last fifteen months to massive declines in spending on commercial construction, while residential construction grew at only half the pace of previous recoveries. Of recent note, however, is a fall in inventories.
a. In which category or categories of the national expenditure accounts, C, I, G, or X, would these spendings be recorded?
b. Does the fall in inventories appear in the accounts as a positive or a negative number? Why?
Suppose that the rate of inflation in Japan is 2% in 2011. If the rate of inflation in Germany is 5% during 2011, by how much would the yen strengthen relative to the euro if relative PPP is satisfied during 2011?
These 4 independent projects are under consideration and have mostly similar life times. Do not take tax and depreciation into consideration, because the error estimates on the capital costs are still too large - this is just a preliminary screeni..
One of the concerns for the network project is ensuring secure e-mail and any documents sent through e-mail. Prepare a PowerPoint presentation that explains how e-mail messages can be securely sent.
Suppose that a monopoly is producing at an output where its average total cost of production is minimized and equals $50 per unit. If marginal revenue equals $60, is the monopoly producing at the profit maximizing output level? Explain why or why ..
Using the midpoint formula, calculate the price elasticity of demand for the following problem: Calculate the income elasticity of demand using the general formula for elasticity:
In the context of the IS-LM model, what is the effect of each of the following on equilibrium output and the real interest rate? Explain why these effects occur and show graphically.
Even at these extreme prices, however, the station owner sold an average of 3,000 gallons per week, half of this at night. Despite catcalls, pickets, and even vandalism from angry motorists during the gasoline crisis, the owner "stuck by his pumps..
Unplanned changes in inventory are counted as inventory spending by firms say true or false and justify
What is the relationship between interest groups and government? How does this apply to government-created interest groups? In addition, what are the effects of bureaucrats as interest groups? Do you believe this crossover between bureaucrats and ..
We often find that for theSuper Bowl the quantity of tickets demanded is greater than thequantity of tickets supplied. This results in a shortage oftickets. How does the market resolve this problem?
Prepare a analysis by answering the questions below. Be sure to cite your references using APA format.
Assume that the nominal wage rate equals 60. In the short-run, aggregate demand and aggregate supply are equal at a price level of 1.0.
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