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Write down the national account identify for a closed economy. Then, show the identity between national savings (i.e. the sum of private savings and government savings) and investment. You must show all of the steps.
Facial tissue is a rival good because:
Due to the global economic slowdown, we were benefiting from relatively low oil prices. But because of the instability of the Middle East and the slowing of the global economy we are seeing oil prices fall. One of the key principles of economics is t..
Assume the demand for lettuce slopes downward-and-to-the-right and the supply of lettuce slopes upward-and-to-the-right. If there is an increase in the supply of lettuce then we would expect the equilibrium price to (decrease / not change / increase)..
The spending multiplier’ was introduced Describe what it is and how it works. Explain why is it important for the Federal Reserve to consider this concept in order to ‘balance’ the economy?
Distinguish between ongoing demand pull and ongoing cost push inflation. Carefully draw them. Why might it be difficult to establish the extent to which a given rate of inflation is either demand pull or cost push?
Describe the factors that the directors should take into account in making this change of policy and explain whether overdraft is likely
How much do you have to deposit today in order to allow 5 annual withdrawals, beginning at the end of year 8, with the first withdrawal of $1000 with subsequent withdrawals decrease at the rate of 5% over previous year’s withdrawal? The interest rate..
What will be the long-run equilibrium output level of the representative firm? could you plz solve first by description and then by calculation.
Which of the following is not a valid point in debating the merits of increasing government expenditures or cutting taxes during a recession?
In general, the marginal cost curve is U-shaped as you learned in lectures and the textbook. However, exception exists. Please provide one particular industry as an example to illustrate that MC is not U-shaped.
1.Explain why children are often viewed as public goods by two parents.If children are public goods from the household perspective, what implications may yield onthe effcient allocation of investment on children within a marriage?
Identify and explain the reasons why valuations of a target firm vary among MNCs that consider corporate control strategies?
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