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Economic growth completely depends on people consuming their income rather than saving and investing.
True
False
Which of the following is not part of National Income?
A. Employee compensation.
B. Interest.
C. Rent.
D. All are components of National Income
Because patents provide strong incentives to develop new technologies, they tend to help to increase economic growth.
Increasing returns to scale exist when doubling all inputs less than doubles output.
How did increased competition and excess capacity impact firms in consumer goods industry in late 19th century. Why were horizontal mergers attractive to these firms.
If you turn this measure of cost around, illustrate what is the prospect cost of cheese in liters of milk per gram of cheese.
Assume to two firms in an industry with an index of 5,000 announce a merger. The U.S. Justice Department concludes the merger will boost the index to 5,500. The antitrust authorities will most likely.
Compute the contributions to GDP of these transactions, showing that expenditure also income approaches give the same answer.
How will you consider the structure of the fresh salmon industry to calculate the forecast. Will you advise the firm to enter the industry.
One criticism is that the IMF's one-size-fits-all approach to macroeconomic policy is inappropriate for many countries. This point was stressed in the Turkey's 18th IMF Program. What do you think? Is it right? How is this affecting international busi..
With Australia going through a long-lasting drought in the first decade of the 21st century, serious concerns were raised about the possibility of running out of water.
Suppose which gross private domestic investment is $800B also the government is currently running over a $400B deficit.
The Federal Reserve took money out of the banking system to raise the federal funds rate-the rate at which banks lend each other money overnight-from 4 percent to 4.5 percent. How does the Fed take money out of the banking system? Explain how doing s..
Solve for the new equilibrium. Illustrate what happens to the price received by sellers, the price paid by buyers, and the quantity sold.
A manager of a clothing firm is deciding whether to add another factory in addition to one already in production.
Smallville is suffering annual losses of taxable properties and property values of 1% each. Even so, Smallville must maintain its tax collections at a constant value of $3.2 million to maintain services. What is the required rate of increase in the t..
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