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If the economy's real GDP doubles in 18 years, we can...
A. not says anything about the average annual rate of growth.
B. concludes that its average annual rate of growth is about 5.5 percent.
C. concludes that its average annual rate of growth is about 2 percent.
D. concludes that its average annual rate of growth is about 4 percent.
In 2013, approximately 58 percent of the adult population (245 million) was employed, the lowest employment rate in 20 years. If the employment rate increased to the prerecession level of 62 percent, How many more people would be working? By how much..
Describe the best possible distribution channel for that product or service and why that particular channel would be better than any alternatives. Discuss the challenges you would face if you decided to market your product or service on a global ..
q1. which of the following is not a possible explanation as to why wage inequality increased markedly over the last 40
Suppose demand is still described by P=5.10-0.80Q and supply is described by P=1.90-0.20Q. If there is a price floor of 2.94, what would be the quantity traded?
The supply curve of a firm in the long run, is:
Suppose that in exactly five years you will recieve a one-time payment equal to $4,000. If the interest rate is 6 percent (compounded annually), approximately how much is this payment worth to you today? In other words, what is the "present value" of..
Illustrate what is the mechanism by which an aggregate demand recession is transmitted from one country to another.
q.suppose a firms production function is q2kl2-l3and its quantity of capital is fixed at k6 in the short-run.a. find
Imagine the hourly production for tuna cans is given by q = 6K + 4L. Assuming capital is fixed at 6, how much L is required to product 60 tuna cans per hour? Assuming capital is fixed at 8, how much L is required to product 60 tuna cans per hour?
Which of these transactions do not get counted in GDP--sale of a used piece of furniture, income of a drug dealer, income of your teenage babysitter, daycare services, services of a doctor, a condo built in 2004 resold today, purchase of a brand new ..
Explain how can each of the 10 principles be applied in an example or experience with which you are familiar. How do you intend to use your newfound knowledge in future economic decisions.
Compute the elasticity of trades with respect to every inconsistent in the demand function.
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