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Societies choose what share of their resources to devote to consumption and what share to devote to investment. Some of these decisions involve private spending; others involve government spending.
a. Describe some forms of private spending that represent consumption and some forms that represent investment. The national income accounts include tuition as a part of consumer spending. In your opinion, are the resources you devote to your education a form of consumption or a form of investment?
b. Describe some forms of government spending that represent consumption ad some forms that represent investment. In your opinion, should we view government spending on health programs as a form of consumption or investment? Would you distinguish between health programs as a form of consumption or investment? Would you distinguish between health programs for the young and health for the elderly?
A county is considering using a piece of park land for one of two alternative recreation projects.
Which he can trade at the going prices. He has no other source of income. Illustrate what is Nick's gross demand for x.
If the government raises your marginal income tax rates and uses the money in a way that does not affect you in any way.
Distinguish between the Federal funds rate also the prime interest rate. Why is one higher than the other.
Illustrate what can we say about the elasticity of demand for Larissa's legal services. Elucidate which is consistent with the direction of these shifts
illustrate what you observed in this company to your own work experiences.
Why would elasticity of demand be important to you in determining the products on which the taxes should be levied".
Describe capital and labour productivity in engineering context and pharmaceutical industries in India. Discuss whether Indian Consumer goods industry is growing at the cost of future profitability.
Explain how does the trade deficit affect U.S. economy. Explain how does it affect the firm or organization you work for.
How will you consider the structure of the fresh salmon industry to calculate the forecast. Will you advise the firm to enter the industry.
Compute the profit-maximizing output for the price leader. Illustrate what the market price is given the price leader's output in (c). Elucidate how much does each competitive firm produce.
The dropout rate of minority also international students at U.S. colleges also universities are higher than it is for white American students.
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