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Nominal gross private domestic investment was $1888.0 billion in 2008 and rose to $2057.4 billion in 2009. The chain-weight price index for gross private domestic investment was 106.6 for 2008 and 110.3 for 2009, where 2005 was the base year. Calculate the percent change in real gross private domestic investment (rounded to the nearest percentage point) from 2008 to 2009.
You have insider knowledge and many contacts at a large number of the academic publishers of electronic journals. You also have experience from the academic library side of the business. So, you have decided that you want to use today’s computing res..
Charging prices closer to what consumers are willing to pay for a good:
Consider an economy described by the production function: Y = F (K, L ) = K1/2L1/2 where the depreciation rate is δ and the population growth rate is n. Find the per worker production function. Find the steady-state capital stock per worker as a func..
From California to New York, legislative bodies across the United States are considering eliminating or reducing the surcharges that banks impose on noncustomers, who make $10 million in withdrawals from other banks’ ATM machines. Based on this infor..
All licensed drivers are required by law to purchase a minimum level of auto and motorcycle insurance (well, if they own either of the two). However, the vast majority choose to buy much more insurance than the required minimum. It’s also true that m..
The market for DVDs has supply curve and demand curves given by P=2Qs and P=42-Qd, respectively. Calculate the equilibrium price and quantity of the DVD market. How many units will be traded at a price of $14? What participants (sellers or buyers) wi..
Discuss the Current Economy of the US and/or World. Discuss issues such as: What is currently occurring? How is it affecting people and businesses. How is it affecting the local, regional, national, and world markets? How are local and state gov'ts b..
In the summer of 1997, Thailand experienced a speculative attack on its currency (the Baht), which was under axed exchange rate regime. Unable to meet the demand for its foreign currency reserves, Thailand was forced to oat its currency. One reasons ..
q.assume the demand and supply for wine within the u.s. areqd 100 - 20p u.s. demand curveqs 20 20p u.s. supply
How does Costco differ from other retailers? What is their business model? Who is the Costco target customer? Why? Why are the stores laid out the way they are? How is this different from other retailers? Why does Costco keep the price of its hot dog..
What is the current U.S. Fiscal Policy – is it expansionary or contractionary? If the current GDP has declined or expanded over the past 2 quarters at least, which of the tools of fiscal policy would you use to try to rein in the economy and how is t..
Price discrimination that can be sustained occurs when. Without insurance price of the drug is $500. Quantity demanded was 1,000. With insurance (Coinsurance rate is 10%) demand increases to 1,400. What is the social loss due to insurance?
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