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What do we call the market value of all final goods and services produced within a country in a given period of time?
the united arab emirates economic growth is likely to slow to 2.3 percent this year from an estimated 4.9 in 2011 as
Discuss the specifics of any cases/examples you use and the implications of same on local citizens of that country.
Some apartment buildings hold contests, with monetary prizes, among the residents to see who can grow the prettiest garden. Using the concept of positive externalities, explain why it is worthwhile for the landlord to spend the money on these priz..
Explain why a short run average cost curve only touches the long run average cost curve at one point on the long run average curve. define clearly the concept of returns to scale.
Discuss and describe how you think e-business will affect the following areas of endeavor, including both positive and negative effects:
There are many factors might change AD and AS, and equilibrium. Please evaluate the effect of following scenario on the AD curve, AS curve, and accordingly the effect on equilibrium price level and equilibrium GDP/output.
Explain how many tonnes of wheat and how many tonnes of copper ingots will be produced if each country specializes.
Compute nominal GDP in 1980, 1990, and 2000. Do you observe a trend in the data? Compute the growth rate of nominal GDP from 1980-1990 and 1990-2000. Using 1980 as the base year, compute real GDP in 1980, 1990, and 2000. Compute the growth rate of r..
Assume the government purchases decrease by $10 billion, with other factors held constant, including price level. calculate the change if the government, instead of reducing its pruchases, increased autonomous net taxes by $10 billion
during the late 1980s and early 1990s economic reforms initiated by soviet president mikhail gorbachev began to raise
If the marginal product of capital net of depreciation equals 8 percent, the rate of growth of population equals 2 percent, and the rate of labour-augmenting technological progress equals 2 percent, what must happen to the saving rate to reach the Go..
Suppose we have a data set with only two observations, y1 and y2. The general formula for the sample average is: sample average=1/2(y1+y2) Suppose y1 and y2 are sampled from the population in such a way so that they are correlated with each other.
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