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The accompanying chart presents 2010 data from the national-income accounts of the U.S.
Component Billions of Dollars
Personal 10245.5
Employment compensation 7971.4
Rents 350.2
Gov. consumption and investment 3002.8
Imports 2356.7
Depreciation 1876.6
Corporate profits 1800.1
Interest income 564.3
Exports 1839.8
Gross private investment 1795.1
Indirect Business taxes 1117.7
Self-employment 1036.4
Net income of foreigners -189.4
a. Indicate the various components of GDP when it is derived by the expenditure approach. Calculate GDP using the expenditure approach.
b. Indicate the various components of GDP when it is derived by the resource cost-income approach. Calculate using the resource cost-income approach.
Determine whether the Justice Department would challenge a merger between two firms in an industry with 10 equal-sized firms.
An automobile factory sold $10,000,000 in automobiles to final consumers. Given these events, calculate the GDP of Autoland using a. the final goods approach. b. the value-added approach.
Given the following payoff matrix, (a) indicate the best strategy for each firm. (b) Why is the entry-deterrent threat by firm A to lower the price not credible to firm B? (c) What could firm A do to make its threat credible without building exces..
if Bob bids $ 5, Alice bids $ 6 and Bob n passes, Alice gets $ 20 and pays $ 6 to auctioneer and Bob pays auctioneer $ 5. Both have $ 100 to bid. What is optimal strategy.
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Illustrate what is now the effect on gold consumption also mining of an increased utilize of gold as money.
Italians focus on past; Americans focus on present. Italians therefore should generally be more resistant to change efforts than Americans. Does culture influence how change efforts will be implemented.
Illustrate what will be the effect of the different tools of fiscal approach to stabilize the economy
What must it be? Can you think of any way of justifying such a value for this parameter? How else might you explain the large difference in income between Richland and Poorland?
step by step all work shown answer and please show all calculations and how you got answer and make it very detailed all work shown please.
Within the next year? Over the long term. Elucidate what resources does he have at his disposal to enhance the reputation of the firm and turn it round.
Is the product considered elastic, inelastic or unitary elastic. In a few sentences Illustrate what effect does the present supply also present Demand have on this product.
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