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Societies choose what share of their resources to devote to consumption and what share to devote to investment . Some of these decisions invovole private spending; others involve government spending.
A) describe some forms of private spending that represent consumption and some forms that represent investment. The national income accounts include tuition as a part of consumer spending. In your opinion, are the resources you devote to your education a form of consumption or a form of investment?
B) describe some forms of government spending that represent consumption and some forms that represent investment. In your opinion, should we view government spending on health programs as a form of consumption or investment? Would you distinguish between health programs for the young and health programs for the elderly?
What is the arc elasticity of demand for the London Times and what happened to income as a result of the decline in the price?
Explain how can you go about finding L, normally it is either the budget constraint and utility functions slopes are equivalent,
Discuss the feasibility of lower middle or low income countries resorting to fiscal stimulus to stave off recessions in their own economies. You can use one or more countries as examples.
This solution shows graphically what could happens to quantity sold when a price ceiling or a price floor is imposed.
Elucidate economic influences which can affect the airline industry in a negative way.
Illustrate what economic policy should be adopted by regions with persistent economic problems.
Tables John Walker is a regional sales representative for Jiffy Mowers Inc. and sells lawn mowers to stores in the Tri State area. Construct a table showing Walkers marginal sales per day in each state.
Discuss the so called fiscal cliff and the expected impact for the State of Mississippi and the Mississippi Delta.
As per the Ministry of Finance also the keiretsu are there other problems.
For each of the following concepts provide a definition, a complete explanation as to their significance, and a practical example.
Immigration is a major topic of concern in today's economy. What are the possible problems and solutions for these concerns? What could happen to the U.S. labor markets if immigration is not controlled?
Assume an employer offers a base wage of twenty dollar per hour for the 1st 40-hours of a work each week and overtime pay of thirty dollar per hour for any hours beyond forty per week,
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