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Assume that in a small open economy where full employment always prevails, national saving is 300. If domestic investment is given by I=400-20r, where r is the real interest rate in percent, what would the equilibrium interest rate be if the economy were closed. Calculate dl/dr-what does this mean? Explain in detail.
The Bureau of Labor Statistics announced that in February 2008, of all adult Americans, 145, 999,000 was employed, 7,381,000 were unemployed, and 79,436,000 were not in labor force.
Q1. Calculate the principal that will earn a total of £2,535 in 4 years at 3¼% simple interest per annum. Q2. Calculate the amount of interest earned in the first year
suppose a firms inverse demand curve is given by p120 - .5q and its cost equation is c 420 60 q q2.afind the firms
Briefly explain the tools that governments have to move the economy from either a recessionary or expansionary gap to the long run equilibrium level.
Would there be a cost to you to attend the Cowboys' games during the 2010 season and is anything puzzling about Falk's pricing pattern?
Is the country's foreign exchange overvalued or undervalued? Has the central bank intervened in the foreign exchange market on behalf of the country's currency valuation?
"When the British government tripled university fees for foreign students in Great Britain, about one-half of them left to study in other countries." What is the implied price elasticity of demand by foreigners for a British education is (in absolute..
Illustrate what marketing, pricing, distribution or other competitive advantages can firms exploit. What limits or constraints are on these firms.
say that c 15 0.8y i 4 g 1. let us say that the government promotes thriftiness by giving a tax break to people who
It has been estimated that an additional doctor could increase the daily output of the clinic by 25 patients, while an additional nurse would increase the number of patients served in a day by only 10. What is the marginal rate of substitution bet..
Pick a good or service. Distinguish between the short-run and the long-run production and cost function for that good or service. Discuss how price plays a role in short-run and the long-run decisions and how managers are likely to respond in each..
The Wall Street Journal reported that businesses are aggressively pushing customers to pay their bills electronically. Numerous banks dropped their monthly fee for online bill paying,
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