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Suppose a country has net exports of 40, transfer payments of 20, net investment income of -15, and a balance of payments surplus of 10. Find the country's current account balance and capital account balance.
If the CPI was 110 last year and is 121 this year, what is this year’s rate of inflation? In contrast, suppose that the CPI was 110 last year and 108 this year. What is this year’s rate of inflation? What term do economics use to describe this second..
How supply affects goods and services supplied by business in the product market. How demand effect goods and services in the consumer market. How supply effect factors of production in the factors market and how demand affects factors of production ..
What was the absolute amount of increase in real income? - Make your calculations of the percentage change in real income and the absolute change in real income using the approximation formula and using the more precise method with index numbers.
q1. marital sorting and income inequality. how have marriage trends widened the gap between low-income and high-income
If 150 million workers produced America's GDP in 2010, according to the "World View" above, how much output did the average worker produce?
Using the principles of supply and demand, develop a plan to alleviate the shortage of math and science teachers within this country. Try to use price and non-price determinants as your tools to reach equilibrium. Defend your position using economic ..
discuss the major types of financial intermediaries in the U.S. and illustrate the differences in the way assets and liabilities are recorded on their balance sheets
For each scenario, calculate equilibrium price and quantity, total consumer surplus and total producer surplus.
q1. during the recession of 2008 2009 the detroit urban area had very considerable unemployment which is the highest in
government official proposed which gasoline price controls be imposed to protect the poor from rising gasoline prices.
Which of the following items are not considered resource costs even though they are counted as income paid to persons?
Machine A was purchased three years ago for $10,000 and had an estimated market value of $1,500 at the end of its 10-year life. Annual operating costs are $1,250. The machine will perform satisfactorily for the next seven years. what is the differenc..
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