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The following is spending information for a given year in a given country:
Businesses spent $2800 on factories and equipment used in production
Households spent $1500 on services
Households spent $4000 on houses
Government spent $2500 on "regular" government purchases
Government spent $1100 on a Welfare transfer program
Exports were $800
Imports were $3400
Businesses added $1200 to their inventories
Households bought $2000 in goods (both durable and nondurable)
Calculate total investment for this nation for the year, carefully following all formatting instructions from the beginning of the assignment.
A limit on special-interest contributions to national political campaigns
Should the firm produce? The firm should produce as long as the market price >= Average Variable Cost (AVC).
Suppose the Fed announced that they planned to keep short run interest rates low for a period of two years. This year, the 1 year USTS zero coupon bond interest rate is i = 0.0025 and next year the interest rate on a 1 year zero Coupon bond is expect..
q.assume that the price elasticity of demand for cigarettes is .46 in the short run and 1.89 in the long run the income
Assume which winemakers in the state of Indiana petitioned the state government to tax wines imported from other states.
Comment on the following statement: “The free market allows hospitals to enter markets too easily; and regulators can potentially improve social well-being by restricting entry.”
(All numbers in the thousands) In May 2015, the civilian non-institutional population was 250,455. The number of employed workers was 148,795. The number of unemployed workers was 8,674. The number not in the labor force is 92,986. What was the unemp..
Calculate the elasticity for each variable. On this basis, discuss the relative impact that each variable has on the demand. Illustrate what implications do these results have for the firm's marketing and pricing policies.
Take some time to think about the ways in which your learning in this class relates to the real world. Has the knowledge you gained been valuable in helping you understand or evaluate events or policies? Are there any current events in the news that ..
Explicate why one of them brings positive effects to the economy also the other negative effects.
Explain the underlying basis for foreign direct investment, and discuss several factors that may contribute to it. What factors have likely contributed to the current U.S. net direct investment position?
Regarding behavioral economics and social regulation: A. How has research in behavioral economics contributed to new and better social regulations? B. By definition, social regulations limit individual freedom and are paternalistic. Explain how a pol..
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