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Measures of Output, Prices, and Employment
1. Suppose, in a two-sector model, that individuals receive the following payments from the business sector: wages $520, interest $30 rent $ 10 and profits $80. Consumption spending is $550 and investment is $90.a. Find the market value of output and household savingb. What is the relationship of saving and investment?
Is it possible that the levels of unemployment present day which are the result of government policies.
Elucidate how does the subsiquent impact on the housing industry.
Theory Galbraiths of consumer demand has an important implication in terms of underallocation of resources to public goods.
Business AB create Keyboards for laptop computers for sales to computer manufacturers (OEMs). Account information shows the total cost of producing four potential quantities of keyboard:
What is the firm's cost function when the cost of pollution certificates is included? What is the firm's marginal cost function when the cost of pollution certificates is included? Derive the firm's supply function.
In a simple model with no government or foreign sector, the amount of involuntary inventory accumulation at equilibrium is
Make sure to properly cite and reference the article in your review, along with any additional sources that you use.
Illustrate what are the major macroeconomic goals of all societies.
What type of market structure is OPEC? What are some important issues that OPEC must confront in their efforts to control the price of oil?
A Monopolist is deciding how to allocate output between two markets. The two markets are separated geographically. Demand and marginal revenue for the two markets are given by:
Discuss the impact of these relations in the economies of Europe, China, and the U.S. Create a table in Microsoft Word to present the data and your analysis based on the data.
A firm uses two inputs, unskilled labor (L) and capital (K) to produce its product. The wage rate for one unit of labor is $5, while units of capital cost $20.
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