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assume that isoland has a closed economy. Isoland national investment is $50,000,000, its private saving is $60,000,000 and its taxes minus transfer payment equal $65,000,000. How much are islonad's government purchases.
The university bookstores received 4 million euros from students in exchange for the books. Illustrate what is the total contribution to GDP from the above events.
Illustrate what established the permanent membership number in the House of Representatives.
Government encourage a decision to expand? How would it affect the reputation of the business?
Economists argue that the move from barter to money increased trade and production. How is this possible.
They found that getting larger was painful it involved a lot of new administrative infrastructure to get everything organized
Suppose that there is a unit mass of consumers who are uniformly distributed on the segment[0,1]. Two firms are located on the line and sell identical products.
Discuss how the two cases in this chapter illustrate the major theme of this text: changes in the macro environment affect individual firms and industries.
The law of demand states that other things equal
In a market economy, every resource will tend to be paid according to its marginal product. Highly productive resources will command high prices, whereas less productive resources will command lower prices.
Assuming labour demand is downward sloping and that the labour market is competitive, what happens to national income as a result in immigration.
Illustrate what are the main differences between Lenin's theory of how to bring about socialism and that of Bernstein's
Does Ike feel emotionally neutral since the dollar value of the gain in his stock portfolio exactly offsets the amount of extra taxes he has to pay
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