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Margret reports the following income for the last year:60000 from employment, 1000interest from bank accounts, and 20000profits and dividends. of this income, she has spent 40000 on food and other consumption goods, 10000 on vacation abroad, saved 10000 in her retirement account, spent 20000 on purchasing extra shares and 10000 on new compiter for her business.
a. What was the increase in GDP generated by Margret's activity?
b. What are her certain contributions to consumption, investment, and net exports?
c. What is the value of production that was newly created by margret's productive activity?
suppose and economy described by the solow model has the following production functiony k12le12a. for this economy
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Illustrtae what are the nominal rates of interest for both the United States and the euro area?
by installing some elaborate inspection equipment on its assembly line the robot corp. can avoid hiring an extra worker
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A firm sells its product in a perfectly competitive market where other firms charge a price of $80 per unit.The firm's total costs are C ( Q) = 40 + 8Q +2Q2.
A firm hires four workers and rents 16 acres of land for a season. It produces 150,000 bushels of crop. If it had doubled its land and labor,production would have been 335,000 bushels. Does it have constant, decreasing , or increasing returns to s..
Consider that demand elasticity is defined as the percentage change in quantity divided
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