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Explain how net exports affect the U.S. economy. Describe both positive and negative impacts on GDP. Why do national income accountants use net exports to compute GDP, rather than simply adding exports to the other expenditure components of GDP?
How many units of housing would the government have to increase the supply of housing in order to get the market equilibrium rental price to fall to $1500 per month? To $1000 per month? To $500 per month?
In the short run changes in GDP can be thought of as stemming from changes in the employment rate of labour, while in the long run, changes in GDP can be thought of as stemming from changes in the labour force and/or changes in labour productivity..
at the fishing hole people come from all around to catch fish to sell at the fish market. the total number of fish
you are responsible for economic policymaking in your country. your desire is to eliminate inflation keeping prices
A country is populated with workers who produce either food (F) or clothing (C). There are 200 workers producing food and 100 producing clothing. These numbers are Öxed for now. Each food worker produces 6 units of food and each clothing worker produ..
Aztec Enterprises depends heavily on advertising to sell its products. Management at Aztec is allowed to spend $2 million monthly on advertising, but no more than this amount.
Suppose a monopoly manufacturer sells directly to a monopoly retailer. What are the implications in regard to price, output, and profits as compared to the case where the monopoly manufacture and monopoly retailer merge
Please compare GDP, GDP per Capita and HDI for Egypt, USA, China, Turkey and Brazil for the last five years trying to explain the difference in each country's performance
between 1720 and 1750 the colony of massachusetts had an average rate of inflation of 5 per year. over the same period
An indifference map implies
Return again to the cartel in Problems 4 and 5. Now suppose that the market game repeated indefinitely. What is the discount factor (sigma) is necessary now in order to maintain the collusive agreement in an indenitely repeated setting
Being a rational consumer, at August prices Tony purchased 25 nuts. How many berries did he consume in August? What was the marginal rate of substitution at the optimal consumption bundle
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