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Consider the identity S p−I = CA+D where S p is private sector saving, I is investment, CA is the current account surplus, and D is the government deficit.
(a) Show the above identity holds.
(b) Explain what the above identity means.
Examine KANO Analysis of customer requirements also come up with some questions (also answers) concerning it.
The loss to consumers can be decomposed into three pieces: a transfer to domestic producers, a transfer to the government, and a deadweight loss. Use your diagram to identify these three pieces.
Draw a Keynesian short-run aggregate supply curve in which there is excessive unemployment and unused capacity in the economy. If aggregate demand were to increase along a Keynesian short-run aggregate supply curve, what would happen to the price lev..
Show what would in the market for unskilled labor if Congress were to raise the federal minimum wage to $9.00 per hour. The value of the Syrian pound has dropped
Describe the four types of regional trading agreements discussed in class and show how each type creates a greater and greater level of economic integration. Using the European Union as your example, describe the challenges associated with the variou..
Demand in a perfectly competitive market is Q = 100 - P . Supply in that market is Q = P - 10.
You operate a small but popular and profitable restaurant/bar in a college town. There are several other restaurants and bars nearby. You have conducted a market research study and discovered that the price elasticity of demand for local residents is..
Plot Vanessa's budget line by clicking on the two endpoints. The data-plotting tool will automatically connect the points with a line.
How does competition relate to communism, socialism, fascism, capitalism and monarchy? 2. To what extent does capitalism include “crony capitalism” and why? 3. What roles are played by: a. Competition?
Why do politicians (such as Ron Paul) who distrust government prefer government-issued gold and silver coins to government-issued paper money? Do you agree or disagree? What are the pros and cons of commodity versus fiat money?
Suppose you decided to open a copy store. You rent store (signing a one year lease),and you take out a loan at the local bank and use the money to purchase 10 copiers. Six month later a large chain opens a copy store two blocks away from yours
Discuss an event in your home city or state that brings new economic activity. It might be a major construction project, or major sporting event that occurs infrequently and brings a large number of people to your local area. Describe who benefits fr..
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