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1. Which sector (household, business, or international) spends the most? Which sector spends the least? Which sector, because of volatility, has importance greater than is warranted by its size?
2. Using the circular flow diagram, illustrate the effects of an increase in taxes imposed on the household sector.
Carbon Tax/Emission Trading scheme - Compare Australia with one of these countries or group of countries like Europe, USA and China/India and discuss the similarities or differences in ETS and its affect on the economy.
Suppose that the market price for a bottle of vitamins is $2.50 and that at that price the total market quantity demanded is 75,000,000 bottles. Suppose that, instead, the market quantity demanded at a price of $2.50 is only 75,000. How many firms ..
The Federal Reserve has just purchased $100 million in Treasury bills from commercial banks. b. If the public holds a fixed amount of currency (so that all loans create an equal amount of deposits in the banking system), the minimum reserve ratio ..
Provide an objective basis for quantitatively evaluating sample risk
Discuss how you would approach forecasting the effect of these proposals on enrollment demand. What type of data would you use? When it comes to forecasting enrollment demand, what types of indicators are likely to be leading, coincident, and lagg..
In the diagram for this exercise, use aggregate demand and short-run aggregate supply curves to show an economy at a short-run equilibrium with an expansionary gap, when potential output is $10 trillion. Then illustrate how the gap would close in ..
Children in the United States account directly for $ 36 billion in sales annually. When their indirect influence over product decisions is considered, the total economic spending affected by children in the US is $ 290 billion.
Suppose that a risk-free investment will make three future payments of $100 in one year, $100 in two years, and $100 in three years. If the Federal reserve has set the risk-free interest rate at 8 percent.
From the graph that you picked, what would be the result during the winter if hotel rates stayed at their summer level?.
What is the unbiased estimate of the difference in height between boys and girls? Provide a formula and check the unbiasedness. Calculate the value of this estimate for the given sample
Given a numeric production schedule, the student will calculate profit and make decisions about short-run profitability to answer questions relating to their calculations.
Determine the dollar sales volume required to earn a target profit of $3 million.
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