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In 2013, the government of Qatar received $76.22 billion in tax revenue, while spending $51.53 billion. Ignoring interest payments on past debt and transfers, how much did the government borrow in 2013? (in billions, round to two decimal places)
The US economy borrowed heavily from the British in the nineteenth century to build a railroad system. What was the principal debt instrument used? Why did this make both countries better off?
Look at the table above. Several times each week Eli works out at a local health club, but because he is not member, he pays a price of $10 each time he shows up to use the club facilities.
Suppose Russia and Sweden each produce only paper and cars. Russia can produce 8 tons of paper or 4 million cars each year. Sweden can produce 25 tons of paper.
Suppose you work at Costco or another major, national, big-box store, and you do a market-basket analysis and identify the 25 pairs of items in the store that have the highest lift and the 25 pairs of items that have the lowest lift.
Good X is produced in a perfectly competitive market using a single input, Y, which is itself also supplied by a perfectly competitive industry.
a. Determine Pull Ups profit-maximizing output level? What about Oldies'? b. Determine the market's equilibrium price? c. According to a) and b), how much profit does each firm earn?
Use the data on U.S. real GDP below to compute real GDP per person for each year. Then use these numbers to compute the percentage increase in real GDP per person from 1987 to 2005. Year REAL GDP (2000 prices) population 1987 $6,435,000 million..
Explain the shape of the short-run aggregate supply curve. Why is the short-run curve relatively flat to the left of the full-employment output and relatively steep to the right
Explain the significance of fixed costs, overhead, variable costs, total cost, marginal cost, e-commerce, break-even point, total revenue, marginal revenue.
Placement & Timing "Any Given Sunday" and ESPN The Magazine "Playmakers" series and "We Must Protect this House" ad 2. What are the key components of Under Armour's integrated marketing communications program?
Explain how much will your industry's total revenues (revenues from both products) change if you increase the price of good X by 1 percent.
Provide a personal example that you have witnessed in terms of inflation and what future factors will increase the GDP of the U.S., and what factors will decrease GDP?
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