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GDP is $15 trillion. Consumption is $10 trillion, and government spending is $2.5 trillion. Taxes are $1 trillion, and the net capital inflow is $0.5 trillion. Investment is ______trillion dollars.
I know that investment always equals total savings. The answer is 3 trillion, but I think I attained the answer in the wrong calculation. Im looking for the calculation written out so I have it for the future.
Suppose a growing world with positive real income andeconomic growth. There are some lower income countries producinggoods for basic necessities of life. If income of the poor peoplebelonging to lower income countries increases
Over the past recent months it has been selling its widgets for $100 each and unit sales have averaged 5,000 units per month.
Graphically illustrate short-run supply. Also include on your graph the long-run aggregate supply curve. At what point must the short-run aggregate supply curve and the long-run aggregate supply curve intersect.
Elucidate why relatively flat as opposite relatively steep labor demand curves are more consistent.
1.nbsp time inconsistencya when is a policy said to be time inconsistent?b describe barro and gordons model of central
What are the two effects of every price change Given two goods, "x" and "y", if the price of "x" increases (all else equal), what do each of the effects say will happen to the consumption of "x"? After the change, what can we say about the quantity..
What are the major differences between capitalism, communism, and socialism? B. Discuss the three major economic indicators and how they are indicative of our current economic climate.
Describe the effects of monetary policies on the economy's production and employment.
1.nbsp which of the following appears as a positive item on the balance of payments account for the united states?u.s.
Given the wide variety of different fast-food vendors, the industry is fiercely competitive, as is the unskilled labor marketplace.
Cash, Accounts Receivable, Office Equipment, Legal Database Subscription, Accounts Payable, Common Stock, Dividends, Legal Fees Earned, Salaries Expense, Rent Expense, and Utilities Expense. Prepare journal entries and record the following October..
You have a choice between spending $195 on a new biology textbook or purchasing a new 3G smart phone. The opportunity cost of purchasing the textbook is the phone.
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