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The country of Meditor uses the merit as its currency. Recent national income statistics showed that it had GDP of $700 million merits, no government transfer payments, taxes of $210 million merits, a budget surplus of $60 billion merits, and investment of $100 billion merits. What were its consumption and government expenditures on goods and services?
Elucidate why might an economist be skeptical of Billy's discrimination complaint. Billy works for the local piano-moving company part-time after school.
What is the expected rate of depreciation in the Korean won relative to the Japanese yen
Elucidate which of the following events would cause the price differences in these letters to get smaller.
Suppose that the Indian government reduces its deficit and returns to a balanced budget. If other thing remian the same, how will the demand or supply of loanable funds in India change.
Illustrate what is the marginal income for each 10,000 increase in the quantity sold. Illustrate what recording fee would you advise Johnny to demand from the record organization.
At a product price of $52, will this firm produce in the short run. Illustrate what will profit or loss be. Complete the following short-run supply schedule for this firm.
Illustrate what was your total revenue in dollars yesterday (be sure to include your commission). Why would your profit for the day be considerably less than this total revenue.
Could a service industry utilize production line approach or self-serve design also still keeps a high customer focus
Illustrate what does a point outside construction possibilities frontier indicates.
Draw the wage-schooling locus for someone for whom returns to schooling decrease through college but increase after college
Some people are saying which majority of the budget deficit are funds which some branches of the government owe to other branches.
Explain why monopolistically competitive firms frequently prefer nonprice competition to price competition.
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