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The U.S. government bought 112,000 acres of land in south eastern Colorado in 1968 for $17,500,000. The cost of using this land today exclusively for the reintroduction of the black-tailed prairie dog
a. Is zero, because they already own the land.
b. Is zero, because the land represents a sunk cost.
c. Is equal to the market value of the land.
d. Is equal to the total dollar value the land would yield if used for farming and ranching.
Illustrate what would happen in the market, please Specify whether the policy would cost the Chinese government anything also if so, and explain how much.
q.for each of the following values for the mpc determine the size of the simple spending multiplier and the total
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One roommate says that he buys stock only in companies that everyone believes will experience big increases in profits in the future. How do you suppose the price-earnings ratio of these companies compares to the price-earnings ratio of other comp..
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Assume you are currently working in a government job that pays$20,000/year and you have $40,000 in an account earning 10% interest. You have the opportunity to buy a fruit orchardthat produces $23,000/year in revenue for a price of $50,000.
describe the current account balance, the capital account balance, and the official settlements account balance.
Calculate the initial level of output per person, the growth rate of output per person also the level of output per person after 100 years.
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