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Q. 1. Assume that in the year 2007, a U.S. industry, CA-Sun International exported U.S. goods of $30 million to foreign countries also imported $25 million of goods manufactured overseas. Give a detailed explanation about Elucidate how the import also exports by the company affected the GDP of U.S.
2. Assume that CA-Gyros Technology hired an engineer from Hong Kong in the year 2007 also paid her $100,000 salary in 2007. Give a detailed explanation about Elucidate how the engineer's income generation as described above affects GDP also GNP of U.S.
Illustrate happens to the amount of debt held by the public. Illustrate what happens to the level of gross debt.
Show the balance sheets of Swede world only commercial bank after the initial deposits
Under very high rates of inflation, why would people prefer to use a barter system to buy goods, rather than use paper money.
What would happen to the value of gold if people discovered that it could easily be made at home from inexpensive materials
The 2001 recession ended in November 2001, but the perception of "bad economic times" lingered into 2002 and 2003. What evidence do these graphs provide concerning the lingering perception of a recession.
The bank and pays interest at the market interest rate of 4 percent. Is it correct to say that the cost to Mary of living in her house is less than the cost to John.
The quantity demanded of the resource in each year is given by the equation Qt = 10 - Pt . The marginal cost of extraction is zero.
Using the simple model of multiple deposit creation, state the ultimate impact on M1 from the Fed's sale.
Excise tax is levied on the buyers of a good, then after the tax buyers will pay for each unit of the good.
Suppose that the only input used in the generation of solar energy is sunlight
If the foreign country enters the market first, determine the equilibrium price and quantity. Will both countries produce. Show both average cost curves and the equilibrium.
A social scientist claims that the average adult watches less than 26 hours of television per week.
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