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The following national income is in billions of dollars:
consumption of fixed capital $25
gov purchases 315
us imports 260
personal taxes 45
transfer payments 247
us exports 249
personal consumption expenditures 475
net foreign factor income 5
gross private domestic investment 300
taxes on production and import 245
undistributed corp profits 60
social security contributions 240
corporate income taxes 65
statistical discrepancy 40
Net domestic product equal?
Efficiency-wage theory suggests that to improve workers performance, firms should:
What is the amount A in actual dollars equivalent to A’ = $1,000 in constant dollars? Please provide step by step detail
If the demand for housing falls, reducing planned investment by $75 billion, what is the effect on national income and output (GDP) (the consumption function is c = 50 + 0.7 (yd))
What was the expected return on Columbus’s expedition, assuming that he had a 50 percent chance of discovering valuables worth $1 million, a 25 percent chance of bringing home only $10,000, and a 25 percent chance of sinking?
q.suppose you know that chateau mulls mrt of wine for garbage was 21 it would require the creation of 2 additional bags
The U.S. money supply (M1) at the beginning of 2000 was $1,148 billion broken down as follows: $523 billion in currency, $8 billion in traveler's checks, and $616 billion in checking deposits. Suppose the Fed decide to reduce the money supply by incr..
When marginal revenue is greater than price the firm's profit is always positive. When an increase in the quantity results in a reduction in profit marginal cost is greater than marginal revenue. Generally, to maximize profit is to minimize cost.
Consider a neighbourhood with 1000 residents. Each individual must choose (let’s assume simultaneously) whether to be a criminal or not. If an individual chooses to attempt a criminal act, their payoff is 200 if they succeed, but -300 if they are cau..
Illustrate what is probability first two electric toothbrushes sold will be returned to drugstore because y are defective. Explain how all work, formula and answer.
q1. assume that cookie producers create a positive externality equal to 2 per dozen. what is the relationship between
Determine whether size is a statistically significant variable in estimating selling price. Calculate the coefficient of determination.
Describe which market participants you believe benefited from the final court decision and whose interests were harmed.
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